Aster priceASTER

🚨 BREAKING NEWS 🚨 BlackRock has reportedly purchased $12 million worth of $ASTER via Coinbase OTC desk. Is something BIG brewing for $ASTER? Stay tuned. $MAJOR $OPEN $PTB $FF $BLESS $ZBCN $EDEN

「Bankrupt」 trader James Wynn opens a new short position on HYPE from the bottom, with Aster long position fully closed at stop-loss.

A whale withdrew 2.16 million ASTER from a CEX, worth approximately $4.24 million

The transition into early October is poised to bring significant volatility to the cryptocurrency market, with three altcoins—Solana (SOL), Plasma (XPL), and Aster (ASTER)—showing clustered liquidation levels that expose hundreds of millions of dollars in futures positions. The risk of sudden price spikes or crashes that trigger these liquidations is high, as traders are heavily leveraged near critical support and resistance zones. 1. Solana (SOL): The $200 Showdown Solana is currently trading near the psychologically important $200 mark, where a roughly even distribution of long and short positions suggests high risk in either direction. Bullish Liquidation Risk: If SOL rallies and climbs to $230, approximately $1.18 billion worth of short positions would be liquidated. Bearish Liquidation Risk: Conversely, if SOL fails to hold the $200 support and drops to $186, long positions worth $1.16 billion could be wiped out. Analysts note that short-term holders are near their break-even price, meaning a dip below $200 could trigger a capitulation, causing severe losses for long traders in the short term. 2. Plasma (XPL): Short Squeeze Potential Plasma (XPL), which recently experienced a sharp correction after a 130% surge, faces an imbalance in its liquidation map, with short positions heavily dominating the open interest. Bearish Liquidation Risk: If XPL's correction continues and the price falls to $1.12, long liquidations would reach $64.4 million. Short Squeeze Risk: However, the more significant risk is a rally. If the token rebounds and climbs to $1.69, short liquidations could total a much larger $118 million. Given the network's strong on-chain activity and record market cap for its stablecoin, technical analysts suggest a rebound is likely after the correction, which would inflict losses on the bearish short traders. 3. Aster (ASTER): Bullish Sentiment Threatens Shorts Aster (ASTER), the top revenue-generating cryptocurrency and a decentralized exchange (DEX) token, has seen strong whale accumulation and positive market sentiment, increasing the risk for those betting against it. Short Squeeze Risk: If ASTER continues its upward trajectory and climbs to $2.22 this week, more than $70 million worth of short positions will be liquidated. Bearish Liquidation Risk: If the strong sentiment falters and the price drops to $1.59, long liquidations could reach $65 million. The overwhelming bullish interest, even after a recent correction, indicates that short sellers of ASTER are facing a significant liquidation risk if the current momentum holds. 🔐 Disclaimer This article is a summary of market analysis focusing on technical liquidation data and does not constitute financial or investment advice. Leverage trading is high-risk. Always conduct your own thorough research (DYOR) and consult with a professional financial advisor.

A Whale Withdraws 2.16 Million ASTER Tokens, Valued at $4.24 Million