🚨 MAJOR ASTER ON-CHAIN MOVEMENT 🚨
Whale alert! A staggering $80.16 MILLION in ASTER tokens has just been maneuvered on-chain in a highly coordinated operation.
Here’s what on-chain sleuth Ember uncovered:
➡️ 50.1M ASTER tokens were extracted from the Aster Protocol.
➡️Funds were split into 10 identical portions of 5.01M tokens each.
➡️All wallets are newly created and trace back to a single entity.
The plot thickens: Gas fees for these moves were funded by swapping TRX to BNB via ChangeNOW, a common technique for obfuscating the original source of funds.
What does this mean?
This isn't a simple sell-off.This level of precision suggests:
▪️Preparations for a potential OTC (over-the-counter) deal.
▪️Strategic distribution ahead of a major announcement or unlock.
▪️A whale consolidating or moving holdings off-exchange.
Key Takeaway: While not inherently bearish, this is a massive, deliberate move that demands attention. Smart money is positioning itself. Keep a very close watch on ASTER order books and volume.
What's your read? OTC deal or something else? 👇
DYOR No Financial advice!