A Whale's Rug Pull: Sell-off of 1531 ETH Results in a $617,000 Loss in Two Weeks

On October 31, Aster made an official announcement. As part of the continuous optimization of the Aster tokenomics, the team is adjusting the S3 Buyback and Airdrop mechanism to provide stronger and long-term value to users and holders. 50% of all buyback funds (including S2 and S3) will be burned through a public burn address to reduce the supply, thereby strengthening the long-term value of ASTER. The remaining 50% will be gradually returned to the locked airdrop address to decrease circulation and reserve more shares for potential future airdrops to reward genuine Aster users and long-term holders.

On October 31st, perhaps due to the news that "Aster will burn 50% of the tokens in the buyback address," ASTER experienced a brief surge of over 6%, with a market capitalization reaching $19.35 billion.

On October 31, as monitored by PeckShield, in the Radiant exploit incident, the hacker transferred 5,411.8 ETH into Tornado Cash for mixing, with a value exceeding $20 million.

On October 31st, the multi-chain aggregation trading platform Ave.ai has now accomplished the integration of on-chain perpetual contracts by leveraging the edgeX open Builder SDK—edgeFlow. edgeFlow is an open liquidity network, enabling project parties to access edgeX's matching and clearing system without obtaining permission. This allows for the sharing of underlying liquidity and risk management mechanisms. Ave.ai focuses on market analysis and intelligent trading. Currently, it has aggregated 160 public chains and has approximately 10 million registered users. This integration enables users to directly experience the trading system supported by the liquidity and settlement provided by edgeX within the Ave.ai Android App. The iOS and Web versions will also be launched in subsequent updates. As one of the first ecosystem partners to access through edgeFlow, the edgeX team indicated that they will continue to announce more applications, wallets, and cross-chain aggregation platform

On October 31st, as monitored by OnchainLens, the counter-trading address of the "100% Win Rate Whale" opened a 40x leveraged short position on BTC during Trump's tariff announcement. After a roller-coaster-like market movement, it finally closed the position and earned a profit of $208,624. Overall, this whale has earned a total of $8.89 million through continuous holding.

On October 31st, during the first event of the decentralized exchange platform Aster's innovative product Rocket Launch, the spot trading volume reached $1.22 billion within six days. The contract trading volume exceeded $9.33 billion, with a total trading volume surpassing $10 billion. Within five days after APRO issued the $AT token, Aster occupied over 90% of the perpetual contract trading market share of $AT, fully demonstrating the driving effect of this product on market activity. Aster officially announced that a new round of Rocket Launch will officially start on October 31, 2025, at 8:00 PM (UTC+8). This event focuses on the decentralized oracle network Nubila and has a seven-day duration with a dual trading challenge of $NB spot and contract. The spot trading competition offers a main prize pool of $200,000 worth of $ASTER and more than 3 million $NB in rewards. The contract trading competition has an exclusive prize pool of 3 million $NB, with a total reward pool size of 6