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Galaxy Digital-Linked Wallet Deposits $3.98M in ASTER to Binance

Galaxy Digital-Linked Wallet Deposits $3.98M in ASTER to Binance

Two large-scale whale addresses have moved a total of 17.857 million ASTER tokens to centralized exchanges, highlighting significant selling activity and losses within the market.

Fact Check
The statement is strongly corroborated by multiple independent sources. Evidence from ainvest.com and blockchain.news specifically mentions a whale affiliated with or linked to Galaxy Digital depositing approximately 1.9 million ASTER tokens, valued at ~$3.98 million, to Binance. The details regarding the entity, token amount, monetary value, and destination are consistent across these sources.
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Summary

On-chain data shows two whale addresses moved 17.857 million ASTER tokens, worth $22.88 million, to centralized exchanges. One whale offloaded $12.53 million worth of ASTER to Binance, while another moved 8.28 million ASTER back to Bybit, incurring a $6.52 million loss. The first whale is expected to liquidate the remaining holdings tomorrow.

Terms & Concepts
  • ASTER: A cryptocurrency token whose specific blockchain ecosystem or use case is not detailed in the source.