๐Ÿšจ $ASTER Whale in Deep Red


A big whale who bought 68.25M $ASTER (~$113M) at $1.66 seven months ago just deposited 34.62M $ASTER ($22.95M) into Aster 9 hours ago.
Following the deposit, #ASTER dropped 4.4%.
The whale still holds 24.25M $ASTER (~$15.92M) and is facing an unrealized loss of more than $67 million.
Quite a challenging situation for one of the largest holders.
ASTER0.85%
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WhirlpoolInATeacup
ยท 23h ago
Feels more like performing liquidity/staking-related operations? But the price reaction indicates that everyone defaults to selling.
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ExitLiquidityBuddy
ยท 04-27 17:50
Large holders' costs are too high; even a rebound to $1 is still deep in the red, and the pressure to break even is too great.
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Half-SectionSucculent
ยท 04-27 08:31
Seven months ago, bought at 1.66 and held the top, losing 67 million and still haven't cut. Is it true conviction or being forced to hold on?
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PineNeedlesAndColdWind
ยท 04-26 23:27
Whales can also get caught in the trap...
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MoonlightMineralWater
ยท 04-26 21:06
There are still 24.25 million tokens on hand, and any small movement afterward is enough to stir the market.
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NeonVortexTunnel
ยท 04-26 16:40
With this level of chips entering the exchange, I just want to observe for now and not engage in a direct confrontation.
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BribeCoffee
ยท 04-26 09:41
34.6M instantly drops by 4.4%, the market is too sensitive to selling pressure.
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GateUser-962305b2
ยท 04-26 06:05
HODL Tight ๐Ÿ’ช
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GateUser-737a7f1f
ยท 04-26 05:02
2026 GOGOGO ๐Ÿ‘Š
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AirdropDreamsInAGlassBottle
ยท 04-26 04:35
This 4.4% isn't considered a crash, but it has set the expectation that "whales are about to run."
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