Nearly $1.28M in ASTER purchases reported
On-chain analytics platform Lookonchain reported today that a wallet allegedly linked to MrBeast spent another 320,587 USDT to acquire 167,436 ASTER tokens hours ago. In total, the wallet has purchased 705,821 ASTER tokens worth approximately $1.28 million.
According to Lookonchain, the YouTuber recently accumulated 538,384 ASTER tokens, valued at approximately $990,000 over the past three days, with an average purchase price of around $1.87 per token.
The wallet reportedly deposited 1 million USDT into Aster via two addresses: 0x9e67 and 0x0e8A2849915186Bc2a8F1A624b4bEAc552BD1570, before withdrawing the ASTER tokens.
The reported wallet now shows a small balance, holding just 0.0202 BNB (worth $20.42) and 0.0025 USDT ($0.0025).
MrBeast denies wallet ownership
Despite the on-chain evidence, many users on X have questioned the wallet’s connection to MrBeast. Several replied to Lookonchain’s post, stating, “It’s not him, he already clarified,” and “He already said that’s not his wallet.”
MrBeast himself addressed the rumors in an X post on September 21, writing, “Never heard of that coin and that’s not my wallet. Also, since we’re on the topic, I’m never doing a meme coin so don’t get scammed by one pretending to be me.”
This denial has cast significant doubt over the authenticity of the reported transactions, and as of now, there is no verified link between MrBeast and the wallet in question.
A $20,000 trading loss adds to the confusion
The confusion grew even more after reports on September 22 claimed that MrBeast lost $20,000 while trading the ASTER token. According to Arkham Intelligence, he allegedly transferred $114,000 to Aster and later closed a long position on September 21, shortly before the token plunged 30% from its peak.
The ASTER token, which has surged more than 1,400% in recent days, remains highly volatile. Analysts cited the reported loss as a reminder of the risks associated with crypto trading.
Nothing confirmed yet
As of now, there’s no solid proof that MrBeast is behind those ASTER transactions. Even though the blockchain shows big buys worth around $1.28 million, his public denial points to the possibility that the wallet might belong to someone else. Until there’s clear confirmation, the whole situation remains uncertain, highlighting just how fast rumors can spread in the crypto world.