An Aster whale has drawn attention across the crypto community after selling a sizable portion of holdings at a notable loss. On-chain data indicates that the unidentified whale offloaded approximately 4.68 million ASTER tokens.
Aster Whale Sells At A Loss
According to a recent X post from Lookonchain, the whale purchased 68.25 million Aster tokens worth a little over $113 million. Notably, the whale has sold 4.68 million ASTER from its holdings at an average price of $0.71 per token, generating approximately $3.34 million.
Meanwhile, this unidentified trader had purchased the ASTER tokens in September at an average price of $1.66 across 15 wallets; thus, the recent sell-off resulted in a massive loss. According to Lookonchain, the whale still holds 63.32 million tokens worth $45.52 million, recording a total loss of over $64 million.
A whale that previously bought 68.25M $ASTER($113.34M cost) at $1.66 across 15 wallets sold 4.68M $ASTER($3.34M) at $0.71 five hours ago.
The whale still holds 63.22M $ASTER($45.52M), with a total loss of $64M+.https://t.co/b3p36w9u60 pic.twitter.com/UtBNDiwP0C
— Lookonchain (@lookonchain) December 18, 2025
ASTER Sees Increased Whale Activity
Meanwhile, this Aster whale is not the only whale selling ASTER tokens at a loss. Interestingly, CoinRemark had reported a whale who continues to sell Aster at a loss after buying at a higher price. Notably, this whale recorded over $35 million in losses trading Aster.
Furthermore, Lookonchain flagged a transaction by another whale, who recorded a loss of $667,000 from selling Aster after holding it for 2 weeks.
Interestingly, many believe whale sell-offs at a loss could reflect fading confidence, liquidity needs, or broader market uncertainty, particularly in lower-cap tokens.
However, aside from whales selling at a loss, on-chain data also shows that Aster is seeing more whale-linked acquisitions. According to Lookonchain, a Matrixport-linked wallet withdrew 3 million ASTER from Binance.
Aster Extends Token Unlock Roadmap
Meanwhile, the whale sell-off comes shortly after the Aster team made a strategic adjustment to its token unlock roadmap.
According to the team, significant unlocks are expected to occur between 2026 and 2035. Interestingly, the Aster team revealed this information simultaneously with its latest token unlock on December 17, where it unlocked 0.98% of its token supply.
However, its stage 4 buyback program continues as planned with $4 million daily purchase of ASTER tokens. Additionally, as part of the stage 4 buyback program, Aster DEX continues to remove a portion of its token supply from circulation.
On the other hand, ASTER, which has been battling intense volatility due to broader market sentiment, has dipped below $0.70, indicating increased bearish momentum.
The CoinRemark Team
