
A major investor, or whale, sold 34.62 million ASTER tokens worth $22.95 million after holding them for seven months, causing the price to dip 4.4%. This sale reflects a broader decline in interest from large holders and traders, with the top 100 addresses reducing their ASTER holdings by 62.60% in 24 hours. Despite this bearish pressure, ASTER's price is moving sideways between $0.625 and $0.755, with potential for recovery if it stays above key support levels. However, weak momentum and high leverage at critical price points suggest bears currently dominate the market.