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Aster DEX burns millions of tokens amid whale buys, hinting at potential breakout after months of price stagnation

Protocol Fundamentals
20 Oct 2026
AMBCrypto
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Aster DEX burns millions of tokens amid whale buys, hinting at potential breakout after months of price stagnation

Aster DEX has burned over 5.4 million ASTER tokens in two weeks, reducing supply and supporting stakers. Large investors, including a whale buying nearly 900K tokens and Binance moving millions, show strong network activity. ASTER has been stuck in a price range between $0.60 and $0.78 for seven months but is now forming a pattern that could lead to a breakout if it surpasses $0.78. Otherwise, it may drop back to $0.60 support.

ASTER trades at Rp12.836 on Pluang as of Oct 21, 2026 08:11 WIB, showing a modest 0.83% gain in the last day. The token's market cap stands at Rp34,91 trillion, reflecting significant investor interest despite price stagnation. Meanwhile, Binance Coin (BNB) is priced at Rp13.341.094 with a 1.67% increase, highlighting strong activity in the broader crypto market.

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