Mr. Beast and whales continue buying ASTER token despite a 20% price drop, as a major unlock event approaches in October.
Despite a 20% drop in ASTER’s price, high-profile investors, including YouTube star Mr. Beast, continue to buy the token. Even with the token’s recent pullback, there is strong interest from both retail and institutional investors. This activity is particularly noticeable as ASTER now faces a crucial token unlock event in October.
Investors are staying active, seeing the dip as an opportunity to accumulate more tokens, suggesting a belief in the long-term potential of ASTER.
Whale Activity and Token Withdrawals from Exchanges
Alongside Mr. Beast’s purchases, there has been notable whale activity around ASTER.
A recent withdrawal of 3.19 million ASTER tokens, valued at $5.27 million, was made from the Gate.io exchange. This large transaction highlights how whales continue to accumulate ASTER, moving substantial amounts off exchanges. These investors appear to be holding their tokens outside the exchange, possibly in anticipation of price increases in the future.
MrBeast(@MrBeast) just bought another 244,179 $ASTER($386K) 2 hours ago.
He has bought a total of 949,999 $ASTER($1.53M).https://t.co/FE0FNJEaRi… https://t.co/0A1PJrO43J pic.twitter.com/H8KnqdZ8Vz
— Blue Post (@BluepostX) October 1, 2025
Whale movements can often signal confidence in a token’s potential, especially when there’s a preference for holding assets off exchanges. This type of activity also reduces the circulating supply on exchanges, which could impact short-term market dynamics.
The ongoing accumulation by whales, despite recent price drops, indicates their long-term faith in ASTER’s growth.
October Token Unlock May Impact ASTER’s Price Action
Looking ahead, the ASTER token will experience a significant unlock event on October 17. A total of 183.13 million ASTER tokens, worth about $325 million, will enter circulation, representing 11% of the token’s market capitalization.
The release of such a large number of tokens could put downward pressure on the price, especially if demand does not keep pace.
Traders are cautious about how this release might affect the market, with some predicting further price volatility. However, the continued interest from institutional investors and whales could help stabilize the market. It remains to be seen how the token will react to the unlock, but strong buyer support will be crucial for minimizing any negative effects.
Institutional Interest and Future Prospects for ASTER
Despite concerns surrounding the upcoming unlock, ASTER continues to attract institutional interest, showing signs of long-term potential.
The decentralized exchange built on Binance Smart Chain has seen impressive trading volumes, now approaching $1 billion per day. Additionally, its total value locked (TVL) exceeds $2.26 billion, indicating strong liquidity.
With institutional players backing the token, ASTER is positioning itself as a serious contender in the decentralized exchange space. However, its future will depend on how it handles upcoming challenges, such as the large token unlock and market volatility.
As the project continues to grow in both liquidity and investor interest, its ability to weather these events will be crucial to its long-term success.
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