Aster recorded a 15% advance to $1.35, amid intense accumulation by large holders. The rise and concentrated volume place Aster in a technical decision zone with the immediate objective at $1.50, with market focus turning to near-term resistance and support thresholds.
In the 48 hours prior to the rally, addresses classified as “whales” —with holdings between 100 million and 1,000 million tokens— accumulated approximately 230 million ASTER, valued at more than $310.5 million, according to Santiment. That concentrated flow explains much of the bullish momentum and alters the short-term supply-demand relationship, reinforcing the upward bias that accompanied the move.
The squeeze momentum indicator (squeeze momentum), which measures periods of compressed volatility and potential trend, shows a phase of accumulated pressure; such a configuration often precedes amplified price moves. The immediate technical level to overcome is $1.39; a sustained breakout would open the route toward $1.50. If the price fails to consolidate above $1.39, relevant supports are $1.25, $1.15 and, in a scenario of greater selling pressure, $1.00.
Aster operates as a decentralized exchange (DEX) oriented to MEV-free executions and offers up to 100x leverage across multiple chains. MEV (value extractable by miners/validators) refers to gains derived from reordering, including or censoring transactions; an MEV-free execution seeks to reduce that type of value extraction.
Aster: whale accumulation and technical signals
The ecosystem presents two batches of disclosed metrics: some team reports indicate $522,000 million in accumulated trading volume, 2 million users and $464 million in TVL; other industry sources point to more than $2 billion in accumulated volume, 520,000 users and $1,000 million in TVL. In addition, the project completed a token buyback for $140 million, equivalent to 100 million ASTER, an operation communicated as a measure to manage supply and reinforce long-term commitment.
Nonetheless, there are risk signals that condition the optimistic reading. In October 2025, the platform was delisted by a data aggregator after allegations of wash trading, an event that caused a 10% drop in the price. In early November, a message from the founder of Binance declaring a personal purchase spurred a 20% rally followed by a 14% correction within hours, illustrating the asset’s sensitivity to influencers and news.
In that same period more than $1,800 million in global crypto liquidations were recorded, and a high concentration has been reported: 96% of the supply would be distributed across six wallets, which implies that a significant sale from those holdings could generate abrupt declines. In addition, the release of 183.1 million tokens is pending, which could add selling pressure.
Aster’s advance reflects a combination of concentrated accumulation and attractive technical and product fundamentals; however, the high supply concentration and prior volume manipulation events pose concrete risks.
