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Aster Whales Bought 51 Million Tokens – Will Price Rally?

Aster Whales Bought 51 Million Tokens – Will Price Rally?

BeInCryptoBeInCrypto2025/11/09 08:15
By:Aaryamann Shrivastava

Aster whales added over $53 million in ASTER this month, signaling growing confidence. With the Squeeze Momentum Indicator turning bullish, the altcoin could soon break above $1.25 if support near $1.00 holds.

Aster (ASTER) has been trading sideways for nearly a month, showing limited volatility as it struggles to break through resistance. 

The altcoin remains trapped under “The Void,” a previously untested resistance zone that must be cleared for meaningful recovery. However, whale accumulation hints at rising optimism among large investors.

Aster Whales Could Trigger The Recovery

Whales have become increasingly active over the past few weeks, signaling growing confidence in Aster’s long-term outlook.

On-chain data reveals that addresses holding between 1 million and 10 million ASTER have accumulated over 51 million additional tokens since the start of November, equating to roughly $53 million in value.

This surge in large-wallet accumulation suggests whales are positioning for potential upside. Historically, such accumulation phases precede sharp rallies, as these investors tend to buy at perceived market bottoms.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Aster Whales Bought 51 Million Tokens – Will Price Rally? image 0Aster Whale Holding. Source: 

The Squeeze Momentum Indicator currently indicates a developing squeeze, marked by black dots that typically precede a significant price move. This setup often signals a volatility breakout, suggesting that Aster could soon see stronger directional movement. Currently, the indicator’s green bars indicate that bullish momentum is building within this phase.

If this bullish volatility expands, ASTER could finally escape its tight range, with buying pressure propelling it toward higher price levels. However, squeezes can occasionally flip bearish if market sentiment weakens or broader conditions turn negative.

Aster Whales Bought 51 Million Tokens – Will Price Rally? image 1ASTER Squeeze Momentum Indicator. Source: 

ASTER Price Faces Resistance

ASTER’s price stands at $1.04, maintaining a stable position above the $1.00 psychological level. While this support has held firm, the more critical floor lies at $0.91, which has underpinned price action throughout the recent consolidation phase.

$0.91 and $1.25 make up the consolidation range for ASTER. Above $1.25 lies “The Void”, a previously untested resistance zone, breaching which is necessary to recover October’s 55% losses. The above-mentioned factors suggest this is likely for ASTER, which could push the price past $1.50 and towards $1.63.

Aster Whales Bought 51 Million Tokens – Will Price Rally? image 2ASTER Price Analysis. Source: 

If market sentiment weakens, however, Aster could extend its sideways pattern or fall below $0.91. Such a drop could trigger a decline toward $0.80, invalidating the current bullish thesis and delaying recovery prospects.

Read the article at BeInCrypto
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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