Whale Wallet Locks Near 200% Gain on ASTER Price, What’s Next for Aster?

• Whale wallet 0xeE7 locked 185% gains on Aster tokens.
• Profits on ASTER price stood at around $500k for 1.043 million tokens.
• 0xeE7 still holds considerable profits in ASTER price.

A whale wallet locked in almost 200% profits on their Aster tokens. ASTER Price surged significantly in the last 7 days. The whale wallet still holds considerable Aster tokens as pure profits. ASTER price is currently stuck in the turmoil, wherein the global crypto market is noticing declines. It remains to be seen where ASTER price moves after being reportedly backed by Binance Founder Changpeng Zhao.

Whale Wallet Locks Profits on ASTER Price

A whale wallet, 0xeE7, has locked profits on ASTER price for approximately 185%. Their holdings surged in 4 days after buying 2.086 million Aster tokens. The whale wallet had spent 1.21 million USDT to buy those Aster tokens. Interestingly, 0xeE7 still holds ASTER with significant profits.

The whale wallet moved 1.043 million Aster tokens to Gate.io at an individual price of $1.67 at that time. The collective value of those tokens, at the time of the transaction, was around $1.74 million. Spot on Chain reported that 0xeE7 has locked 185% (~$500k) profit along with reclaiming the principal, adding that the move was made before markets dropped.

0xeE7 now holds 1.043 million Aster tokens in profits. They were worth approximately $1.7 million when the transaction to Gate.io was executed.

ASTER Price Drops Value

Current ASTER price is $1.59 which is down by 3.93% in the last 24 hours. However, it reflects a surge of 1,783.07% in the last 7 days. The 24-hour trading volume is down by 19.39%. The fall of the ASTER price comes at a time when the entire crypto market has possibly been hit by factors like uncertain economic conditions and profit taking.

Nevertheless, Aster has hinted at the bullish future. It stated that Epoch 2 was going strong for Genesis Stage 2 traders.

Aster added that it recorded $9 billion in trading volume, with a total of 29,296 active traders. Aster further stated that its top trader received 0.8% of the weekly Rh allocation.

What’s Next for ASTER Price?

It remains to be seen where ASTER price moves in the days to come, especially amid the rising chaos in the global crypto market. Binance Founder Changpeng Zhao, also known as CZ, has reportedly endorsed ASTER. While he has never posted about the same publicly, he has often acknowledged the progress of the Aster ecosystem.

Changpeng CZ Zhao’s most recent reaction was to the post where Aster shared a new all-time high for Aster Pro. It hit a milestone of prep trading volume worth $3,000,000,000. This happened in the last 24 hours at the time of the original announcement.

The contents of this article are neither recommendations nor advice for crypto trading and investment. Prioritize thorough research and risk assessment.

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