Huge ASTER transfers to exchanges trigger a 5% flash crash, are big players starting to loosen up?


On-chain data shows that an address that previously withdrew 50.1 million ASTER from an exchange in September last year, transferred back 34.61 million ASTER to the exchange early this morning, worth about $22.94 million.
Shortly after the fund transfer, the ASTER price experienced rapid volatility, dropping from $0.66 to $0.63 in a short period, a decline of about 5%.
Currently, this address still holds 24.25 million ASTER on the chain, worth approximately $15.82 million, and the subsequent movement of funds remains a market focus.
In the crypto market, every move of large funds often signals emotional shifts.
True traders don’t just look at prices, but also learn to read the footsteps of capital. 🚀
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