Whales Inject $61M Into ASTER as Token Reaches Record High
Decentralized derivatives exchange Aster's native token ASTER surged to an all-time high amid heavy accumulation by crypto whales. Blockchain analytics platform Arkham Intelligence tracked three large wallets acquiring 31.26 million ASTER ($61.64 million) within 24 hours.
The concentrated buying activity signals strong institutional interest in the derivatives protocol's governance token. Market observers note the timing coincides with growing demand for decentralized perpetual swap platforms amid Ethereum's layer-2 scaling solutions gaining traction.