Trader James Wynn Predicts Hyperliquid’s Slow Demise Following ASTER’s Massive Crypto Rally

Updated

September 26, 2025

Gambar Trader James Wynn Predicts Hyperliquid’s Slow Demise Following ASTER’s Massive Crypto Rally

Jakarta, Pintu News – Based on BNB Chain, Aster’s decentralized exchange (DEX) is providing stiff competition to big players like Hyperliquid, while gaining popularity very quickly.

A famous crypto trader, James Wynn, even dared to state that Hyperliquid will experience a “slow and painful death”. This claim comes after the price of the ASTER token soared by 2,200% in the past week, while the HYPE token plummeted by 25% in the same period.

James Wynn Buys ASTER, Predicts Death of Hyperliquid

Crypto trader James Wynn has shown his confidence in Aster’s decentralized exchange (DEX), especially after Binance founder Changpeng Zhao (CZ) backed the project. The price of the ASTER token skyrocketed to over $2 this week as attention on the BNB Chain-based project increased.

Wynn emphasized that CZ is determined to take Aster to the top of the market, while eliminating its competitors. As such, he expects Hyperliquid’s DEX competitors to eventually fade away.

Furthermore, CZ will not stop until $ASTER is #1.

He loves competition, he loves building and he is obsessed with winning.

Hype will exist, but it will have a slow and painful death in my opinion.

With Aster already doing more volume than HL. And with Aster being the better… https://t.co/VhncTh28od
— James Wynn (@JamesWynnReal) September 24, 2025

“The hype may remain, but I think it will have a slow and painful death,” Wynn said.

This surge in ASTER’s price is underpinned by the strong performance of its platform. The Aster blockchain is now emerging as one of the projects with the highest revenue and trading activity. Aster’s 24-hour perpetual trading volume stands at $24 billion, more than double that of Hyperliquid .

Currently, the platform generates around $10 million in daily revenue, making it one of the top contenders in the crypto space. Aster’s daily revenue is almost four times greater than Hyperliquid’s, further dominating the competition.

To offset this pressure, Hyperliquid is taking strategic steps, including launching a new stablecoin, USDH.

Why is Aster Superior to Hyperliquid, According to Wynn?

Controversial crypto trader James Wynn gained notoriety earlier this year after incurring a massive loss of $100 million due to the liquidation of his trading positions in Bitcoin through DEX Hyperliquid. He claimed he was “hounded by a certain group” because his positions and trade sizes were fully visible to the public on Hyperliquid.

In response to this, Binance founder Changpeng Zhao (CZ) once emphasized the need to build a ‘dark pool perp DEX’ to prevent MEV (Miner Extractable Value) attacks.

This is a problem that Aster DEX has managed to solve. This BNB Chain-based exchange offers MEV-free trade execution, hidden orders, and a dual interface designed specifically for retail and professional traders. The hidden order feature allows traders to place limit orders without displaying their size or presence in the public order book.

For these reasons, James Wynn stated that he is long the ASTER token and short the HYPE token.

ASTER whale activity rises sharply

Amidst ASTER’s recent price rally, whale activity has recorded a significant surge. On-chain data shows that two whales have accumulated 118.25 million ASTER worth about $270 million, equivalent to 7.13% of the total outstanding supply.

Two whales recently accumulated 118.25M $ASTER($270.8M), 7.13% of the circulating supply.

15 wallets (likely the same whale) withdrew 68.25M $ASTER($156.3M) from #Aster 4 days ago.

Wallet 0xFB3B, which has ties to Daniel Larimer(@bytemaster7) and Galaxy Digital, withdrew 50M… pic.twitter.com/jPXoPhlgTf
— Lookonchain (@lookonchain) September 25, 2025

In addition, 15 wallets made withdrawals totaling 68.25 million ASTER (worth $156.3 million) from the Aster platform four days ago. Meanwhile, wallet 0xFB3B, which is associated with Daniel Larimer and Galaxy Digital, withdrew 50 million ASTER from the Gate.io crypto exchange.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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