Influencer CookerFlips Nets $5M Profit on ASTER in 3 Days

Crypto influencer CookerFlips has pulled off one of the fastest wins in recent trading history. According to blockchain tracking data, the trader deposited about $1.24 million into ASTER over three days. Additionally, withdrew tokens now worth $6.7 million. That means a profit of more than $5 million in just three days. The trade has turned heads across the crypto community. Not only for its scale but also for the speed at which the profit was realized. The move comes as ASTER, a newly listed token, experiences sharp volatility and heavy trading volumes.

Buying Big at the Start

Data from Arkham and Lookonchain suggests CookerFlips bought 5.57 million ASTER tokens soon after they started trading on September 17. The average entry price was close to $0.20 per token. It gives a total purchase value of about $1.24 million. Two hours before Lookonchain’s report, CookerFlips withdrew the tokens to a personal wallet. It is valued at nearly $6.7 million at the time. 

That puts the unrealized profit at over $5 million. It represents gains of more than 450% in less than a week. CookerFlips himself confirmed his position on X (formerly Twitter). Sharing screenshots of his holdings. While he noted he had not yet sold any tokens, the position alone has attracted massive attention. His post tagged fellow crypto traders and content creators. It is fueling speculation that others may have followed his move.

Community Reactions

The size and speed of CookerFlips’ gains have split opinion in the crypto space. Supporters view it as a masterstroke of timing and conviction. While skeptics warn about the risks of chasing such rapid price movements. Some users highlighted the dangers of volatility in newly listed tokens. They argue that while CookerFlips may have hit the jackpot, latecomers could face steep losses if prices swing downward. Others pointed out that influencer-driven trades often create short-lived hype cycles, leaving smaller investors exposed. Still, the profit itself is undeniable. Few traders manage to earn millions in a day. CookerFlips’ ASTER position underscores the kind of outsized opportunities and risks. That crypto markets continue to present.

ASTER’s Market Momentum

ASTER only launched on September 17. But the token has already seen intense speculation. Within days of listing, it attracted significant capital inflows and trading volumes across exchanges. CookerFlips’ high-profile investment amplified visibility for ASTER. With blockchain watchers tracking every move of his wallet. The token rapid appreciation has put it on the radar of traders hunting for the next big breakout. However, analysts caution that early-stage tokens often experience pump-and-dump cycles. Sharp gains may be followed by equally sharp corrections as liquidity and attention shift to newer projects. The involvement of influencers like CookerFlips adds further fuel to this volatility.

Transparency Through On-Chain Data

One reason the story has gained traction is the ability to verify the trades through on-chain data. Platforms like Arkham make it possible to track wallet inflows, outflows and token balances in real time. In this case, the transactions clearly show CookerFlips depositing stablecoins into ASTER contracts and later withdrawing millions of tokens. The blockchain’s transparency provides credibility. Even as debate continues around the risks of following influencer trades.

Outlook

CookerFlips’ $5 million profit on ASTER in just three days is a reminder of crypto’s extreme potential. It highlights the massive opportunities for those who time trades well. But also the risks for others who may follow after the first wave of profits is made. As ASTER continues to trade actively, the project and its investors will face intense scrutiny. Whether this becomes another short-lived hype cycle or a longer-term success story will depend on how the market absorbs the attention. Currently, one thing is clear CookerFlips’ bold move has cemented his reputation as one of the most closely watched influencers in crypto trading.