ASTER Price Rebounds as Daily Buyback Increases to $4M; Whale Short Position Climbs to Approximately $7.94M After Dropping to $0.89

COINOTAG News, citing an official Aster release on December 8, has confirmed an immediate increase in the on-chain repurchase program for Q4, lifting daily buybacks from $3 million to $4 million. The update indicates this acceleration will support the accumulation of fourth-stage fees since November 10, reinforcing liquidity during elevated market volatility.

According to HyperInsight, the ASTER price traded around $0.89 intraday, briefly nearing a buy-in reference before rebounding, marking a ~9.7% 12-hour rise. On Hyperliquid, the largest short position linked to the so‑called ‘Shanzhai Air Force Leader’ has been reduced as ASTER slipped below $0.95, with notional exposure near $7.94 million. The position sits with an average entry price near $1.20, a liquidation price near $1.44, and a floating profit of roughly $1.86 million (about 117%).