Large wallets sold significant amounts of Solana, Aave and Aster and sent the coins to exchanges, shaking prices, draining some DeFi pools and pushing lending rates higher. On-chain data showed mixed flows, with sizable deposits, withdrawals and dip-buying occurring at the same time. The “smart money” label only reflects past success; these wallets are not one group and do not act in unison.
From hedge funds to protocol teams, everyone is watching exchange balances and on-chain movements because they change how easy it is to borrow or swap. When large chunks hit order books, prices can swing harder, and big sales can shrink pool depth and raise the cost of credit. At the same time, dips let other institutions buy at a discount, creating a push-and-pull that can amplify short-term volatility while redistributing supply.
Token-specific details and key figures
Solana flows were large and contradictory. In one period, 120 million dollars of the three tokens landed on exchanges, and a single block of 836 million dollars in SOL reached Binance. At the same time, traders pulled 169 million dollars of SOL off platforms and bought 381 million dollars more during the drop. Solana’s own report notes 222 million dollars earned in the third quarter, and seventeen institutions still held 11.73 million SOL in September, underscoring that some took profit while others added coins.
A top lending protocol saw stress spill into liquidity and rates. It held 9.2 billion dollars in total value locked in May, but whales later sold 7.67 million dollars of the token and forced a liquidation of 19,001 AAVE worth 6.5 million dollars. After the sales, the pool lost 1.7 billion dollars of liquidity and some loan rates jumped above ten percent.
Aster delivered a split story as well. The price rose twelve percent, yet holders with more than ten million ASTER cut their stacks by one fifth in October. One buyer stacked 126 million dollars of the token, and another moved 8.93 million dollars from HYPE into ASTER, a bet that Polkadot’s ecosystem will grow.
The bottom line is that no single rush for the exit happened; capital moved from one set of wallets to another. Track exchange balances, TVL and lending rates over the next few weeks to see if the shuffle continues.
In practical terms, monitoring these on-chain signals helps anticipate liquidity shifts, borrowing costs and price volatility as large transfers keep reshaping market conditions.
