Aster’s Price Tumbles Amid Whale Selling; Possible Rebound or Further Decline

• Whale activity: 17.857 million tokens, worth $22.88 million, were dumped by two major holders, while total whale off‑loads reached 62.61 million over 24 hours.

• Futures markets reveal $2.3 billion of positions closed in the last three days, a clear signal of risk‑off sentiment and impending price pressure.

• Retail traders have accumulated a net 22.04 million dollars of Aster in spot markets, indicating underlying support that could counterbalance bearish flow.

Aster’s recent price plunge: whales and futures traders sell massively, driving a 16.8% drop. Learn the latest data and what could shape its next move.

What’s driving Aster’s sharp decline in price?

Aster’s price decline is primarily fueled by towering sell pressure from whale holders and concentrated futures liquidation. Whales transferred 9.575 million tokens to Binance and 8.282 million to Bybit, totaling 17.857 million units—/$22.88 million—while futures saw an outflow of $2.3 billion in the past three days. These actions have amplified a 16.83% drop over 24 hours.

How do whale sales impact Aster’s price movement?

Whale sales create a cascading effect in both spot and futures markets. According to Nansen analysis, the cumulative 62.61 million‑token sell‑off over 24 hours signals a loss of confidence. Historically, such large‑holder liquidation precedes deeper price declines as market makers absorb the supply shock and bid‑price levels fall. When whales act, the market perceives a “sell‑wave,” prompting smaller traders to close long positions, further accelerating the price fall.

When do futures traders get involved?

Futures data from CoinGlass show a dramatic netflow shift: on the 17th of October, inflows reached $1.09 billion versus $1.24 billion in outflows. The resulting net drop of 132.12% hit $153.99 million, indicating a hostile environment for futures holders. Such aggressive closing of positions typically leads to a “risk‑off” mood, reinforcing the bearish bias experienced by spot holders.

Do retail traders play a defensive role?

Retail traders are holding onto Aster despite the bearish backdrop. The Spot Netflow has been negative for five consecutive days, culminating in a net outflow of $22.04 million. However, sustained low exchange inflows often precede a shift towards buying pressure. If retail investors successfully defend the $1 support, the asset could rally towards $1.39 and potentially retest the $1.5 resistance.

What’s next for the altcoin?

Technical indicators confirm Aster’s over‑sold status. The Stochastic RSI fell to 8.72, while the traditional RSI dropped to 39—both below typical oversold thresholds. Traders interpreting these metrics should expect continued seller dominance unless a significant shift in buy‑side activity occurs. If negative momentum persists, support at $1 could break and Aster may fall to $0.85; conversely, retail resilience could propel it to $1.39 and approach $1.5.

Key Takeaways

• Whale liquidation dominates: 17.857 million tokens dumped by two whales + 62.61 million global whale off‑loads.
• Futures signal bearishness: $2.3 billion of positions closed, net‑flow dropped 132.12% to $153.99 million.
• Retail traders may provide support: Continuous spot net‑outflow of $22.04 million could hedge price below $1, enabling a rebound.

Conclusion

As of October 17, 2025, Aster’s price is dragged by heavy institutional selling and futures liquidation, yet retail activity offers a glimmer of support. Market participants should monitor whale behavior, futures net‑flows, and over‑sold technical signals to gauge whether Aster will chew through the $1 floor or rally back towards $1.39. The next few days will be decisive for investors looking to navigate the current volatility.

© COINOTAG – Published on October 17, 2025

Source: Nansen

Source: CoinGlass

Source: CoinGlass

Source: TradingView