Trader Cooker Sells and Rebuys ASTEROID After Brief Price Drop

According to on-chain analyst Ai Yi, Cooker sold nearly $160,000 of ASTEROID, briefly sending the Solana meme token lower before rebuying about 1.78 billion tokens on April 21.

SOL

Summary

According to on-chain analyst Ai Yi, Solana meme trader Cooker sold nearly $160,000 worth of ASTEROID at prices between $0.0002714 and $0.0003161. The sale briefly pushed the token down to $0.0002. Cooker later bought back about 1.78 billion ASTEROID on April 21 at prices ranging from $0.000359 to $0.00048, indicating a rapid reversal in trading activity after the initial sell-off.

Terms & Concepts
  • On-chain analyst: A researcher who tracks blockchain transaction data to identify wallet activity, trading behavior, and fund movements.
  • Solana: A blockchain network known for high-speed, low-cost transactions and widely used for tokens, DeFi, and meme coin trading.