
Aster has destroyed $79.81 million worth of tokens from its S3 season buyback, marking a significant supply reduction alongside its recent acquisition activity.
On Dec. 5, on-chain data showed that Aster destroyed 77.86 million ASTER tokens from its S3 season buyback, valued at approximately $79.81 million, just two hours before reporting. This follows the earlier purchase of $2.2 million in ASTER tokens by the newly created buyback wallet within 24 hours. A team-linked wallet sold $1 million in tokens during the same period, while the buyback wallet retains $0.8 million in stablecoins, indicating capacity for further interventions.