Major ASTER Holder Sells $28.2M, Token Drops Nearly 30%
A major holder continues to face significant losses as 58.6 million ASTER tokens are transferred, with total losses surpassing $23 million amid a price decline.
Summary
A whale address has deposited 58.6 million ASTER tokens worth approximately $92.3 million into Daniel Larimer’s Binance wallet at an average price of $1.57. The whale continues to hold 14.1 million ASTER tokens valued at $18 million, resulting in total losses exceeding $23 million due to the token's price drop.
Terms & Concepts
- Whale: A term used in cryptocurrency markets to describe an individual or entity holding large amounts of a specific token.
- Centralized Exchange (CEX): A cryptocurrency trading platform operated by a centralized organization, where users can trade digital assets.