According to the latest reports, crypto wallets belonging to Mr.Beast have been buying ASTER, the token of the Aster DEX perps exchange, backed by YZI Labs and CZ.
He reportedly started buying ASTER on September 21, and by September 26, over the past three days, he had bought over $1 million worth of ASTER tokens and withdrew them. The market could expect a potential dump of the tokens, given his past actions.
On September 22, he reportedly denied buying ASTER.
James Stephen Donaldson, known as Mr.Beast, is a popular American influencer, YouTuber, media personality, and businessman. He made the spotlight on previous occasions, including in October 2024, when he engaged in insider trading, misleading investors, and using his influence to pump and dump tokens.
Mr. Beast Wallets Bought Over $1 Million in ASTER
Lookonchain revealed on September 26 that he deposited and withdrew almost $1 million in ASTER over the past 3 days.
On September 21, he bought $114,483 in ASTER, according to Arkham data.
Now, Lookonchain revealed that over the past three days, Mr. Beast continued to invest almost $1 million in ASTER. After buying 538,384 ASTER tokens worth approximately $990,000, he withdrew the tokens.
MrBeast(@MrBeast) bought 538,384 $ASTER($990K) over the past 3 days.
He deposited 1M $USDT into #Aster using public wallet 0x9e67 and new wallet 0x0e8A, then withdrew 538,384 $ASTER.
The average buying price was likely ~$1.87.https://t.co/Gm7MPrUqEk pic.twitter.com/cntXZ9XEQP
— Lookonchain (@lookonchain) September 26, 2025
Lookonchain reminded X users that in 2024, Mr. Beast had engaged in insider trading, misleading investors, and using his influence to pump and dump tokens. Back then, he made over $23 million in profits via multiple crypto projects, including SUPER, ERN, AIOZ, and others.
MrBeast (@MrBeast), an influencer with 31.2M followers, has engaged in insider trading, misleading investors, and using his influence to pump tokens, only to dump them later.
He has made over $23M in profits from various crypto projects:
$11.45M from $SUPER
$4.65M from $ERN… pic.twitter.com/gMtXVemCDE— Lookonchain (@lookonchain) October 30, 2024
An X user revealed that when he asked Mr. Beast about ASTER, he said he had never heard about the project, and the wallet was not his.
However, traders should remain vigilant as a potential ASTER dump might be on the way.
At the moment of writing this article, ASTER is trading at $1.89, down by more than 7% in the past 24 hours.
Since its launch on September 17, ASTER is still up by more than 1,840%.
