Mr. Beast continues buying ASTER despite insider trading accusations

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According to blockchain analysts, Mr. Beast acquired 538,384 ASTER tokens worth about $990,000, transferring the assets to a new wallet for storage.

The popular YouTube blogger Mr. Beast has once again found himself in the spotlight of the crypto community in recent days. According to blockchain analysts, he acquired 538,384 ASTER tokens worth about $990,000, transferring the assets to a new wallet for storage.

Purchases amid accusations

Mr. Beast became interested in ASTER even before the token launched on major exchanges. The influencer himself claimed that he knew nothing about the project and just tried a risky position on derivatives. Later, he switched to spot purchases.

Recently, his actions sparked a wave of insider trading accusations. Skeptics argued that Mr. Beast might have known about the growing interest in ASTER in advance and used his popularity to secure his positions. The blogger himself did not confirm these theories and did not publicly promote the project.

New strategy and risky trades

The average price of his recent purchases was $1.87, which is below the all-time high of $2.31. All tokens were transferred to a new wallet and have not been sold yet.

This is not the influencer’s first attempt to profit from ASTER. Previously, he opened a margin position that resulted in a loss of about $20,000. Now, Mr. Beast is focusing on direct purchases and holding the asset.

The lack of trades on Hyperliquid and limited access to data on his trading activity on Aster DEX fuel further speculation. Some believe that he truly does not understand the essence of the project.

Others suggest that using a decentralized exchange could be related to bypassing transparency—trades on Aster remain hidden, which fuels rumors of possible money laundering.

ASTER dynamics after Mr. Beast’s entry

After the local high, the ASTER price pulled back and at the time of publication is about $2..” title=”photo_2025-09-26_23-45-02″>

Despite the attention to the token, the blogger’s entry actually coincided with a slowdown in growth. After the local high, the ASTER price pulled back and at the time of publication is about $2. At the same time, daily trading volume remains record-high—over $2.3 billion, with most activity concentrated on Binance.

The Aster DEX, where the token is used for perpetual contracts, is also posting record numbers. The total value locked reached $2.21 billion, and daily fees amounted to $16.36 million. The total number of platform users exceeded 2.7 million, including about 770,000 active traders.

What’s next?

ASTER remains under close watch by both retail investors and large players. In addition to Mr. Beast’s interest, the project is further supported by the attention of Binance founder Changpeng Zhao.

However, the token’s further dynamics depend not so much on influential figures as on Aster’s ability to maintain record volumes and retain traders’ trust. If the platform continues to grow, ASTER could secure a place among the largest new assets in the DeFi sector.

Read more: Aster compensated traders for losses on XPL pairs in USDT after index failure

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