Blockchain data shows that a suspected Aster market maker has withdrawn 13,437,000 tokens from Binance in a single transaction, drawing attention from traders monitoring large institutional movements across major exchanges.
Strategic Reallocation by Aster Market Maker
According to on-chain sleuth Lookonchain, an anonymous whale suspected to be a market maker has withdrawn 13.44 million Aster tokens, worth over $13 million, from Binance. Lookonchain reported this information on X in the early hours of December 10, 2025, highlighting that this was not the anonymous whale’s first rodeo.
Interestingly, this same whale, identified only as Whale OxFB3B, had earlier withdrawn 64.53 million tokens, worth approximately $133 million, from the Gate.io exchange when the price was around $2.07. The whale then deposited the same token into Binance when its price had dipped to $1.54, incurring a $34.5 million loss from the transaction.
Potential Impact on Binance Liquidity
Although the withdrawn amount is substantial, it is unlikely to have a significant impact on Binance’s overall liquidity. As the largest cryptocurrency exchange by trading volume, Binance processes billions of dollars in transactions daily, providing sufficient depth to absorb isolated withdrawals.
However, short-term liquidity for specific trading pairs could experience minor changes if the tokens are actively deployed for market making. Traders often monitor institutional wallet activity for early signs of liquidity tightening or changes in order-book depth. So far, there has been no abnormal trading activity or sharp price movement following the withdrawal, indicating the market absorbed the transfer smoothly.
Aster Market Outlook
Meanwhile, the huge token withdrawal comes shortly after Aster Dex, the team behind the Aster network, announced that it is upgrading its stage 4 buy-back program from a $3 million daily token purchase to $4 million. The buyback program, first announced by the team in October 2025, is a two-pronged operation that involves buying and burning Aster tokens to reduce their circulating supply.
Interestingly, with the recent announcement, the team added that the acceleration in buybacks will enable them to quickly channel the stage 4 fees accumulated since November 10 on-chain, providing support during volatile times.
Meanwhile, the whale’s action reinforces increased investor interest in ASTER, as many analysts project a bullish long-term value for the token. According to CoinMarketCap, ASTER currently trades around $0.95 and ranks 39th in the cryptocurrency market, indicating that the token has yet to respond to the significant withdrawal.
Temitope Olajide
The CoinRemark Team
