In the recent market, ASTER has experienced a brutal fall, and the investors who once shouted "to $10" are now lamenting in the community. The coin price has been directly cut in half, and the number of people trapped is countless. However, if you really look at the on-chain data, you will find that this is not a simple market accident — but a carefully orchestrated wealth transfer.
First, let's look at the overall market background. In the past 24 hours, over 200,000 retail accounts were liquidated across the network, with nearly $500 million evaporating in an instant. Market sentiment has fallen to an all-time low. Meanwhile, those whales who have held Bitcoin for over seven years have started to sell off aggressively—selling more than 1,000 coins every hour. This signal is very clear: smart money is retreating, and the entire market is shrouded in an atmosphere of unease.
Focusing again on the ASTER project itself. Its token distribution structure has serious flaws—96% of the chips are concentrated in a few wallets. In other words, the pricing power of the entire market is actually in the hands of a few individuals. They can manipulate the price trends at will. Retail investors following suit are essentially participating in a gamble with extremely low odds.
From a fundamental perspective, the valuation of ASTER even exceeds that of many mainstream projects, but its actual application value is severely lacking. Its ability to sustain itself until now relies mainly on the backing of industry leaders. However, this backing effect can at most only create short-term hype; without inherent strength to support the project, it will ultimately reveal its true form.
The most critical factor is the selling record of the whales. A few months ago, the capital side sold tens of millions of ASTER within three days, cashing out tens of millions of dollars. At that time, the coin price fell by nearly 30%. This time the operation is even more ruthless—directly smashing through a million-dollar large order, continuously pushing tens of millions of dollars worth of chips to the exchange. Every step is testing the bottom, and every step is also absorbing retail investors' buy orders. This is not a collapse; this is harvesting.
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HodlOrRegret
· 2025-12-23 01:57
96% of the chips are in a few wallets, this thing has been a setup from the start.
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How are the people who bought at $10 doing now? I dare say 90% have already cut loss and run.
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Whales are dumping 1000 Bitcoins every hour, I understood this signal early, but unfortunately, I found out too late.
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To put it bluntly, the capital side is sucking blood, while retail investors are still fantasizing about buying the dip, it's laughable.
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ASTER's valuation is inflated, but its actual application value is negative, a typical scamcoin play.
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Five hundred million evaporated overnight, this is the daily routine of crypto, folks.
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The on-chain data is all there, this time it was really a meticulously planned harvest, not some black swan event.
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You should have run when you saw the big whales dumping, it's too late to regret now.
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96% of the chips are in the hands of a few people, what wind are you following, really?
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The platform effect only caters to the short term; if the project lacks strength, its true colors will eventually show. Can’t anyone see that?
View OriginalReply0
SchroedingerAirdrop
· 2025-12-22 19:06
A classic "pumping 10 bucks" storyline that now has us begging for 10 points, it cracks me up.
In reality, 96% of the chips are in the hands of a few people, and retail investors are just catching a falling knife for the Whale.
Smart money has long since run away, and here we are still studying the fundamentals, it's a bit funny.
Isn't this wave just a precise harvest? Every time they say there’s a story and potential, but it’s still the same old routine.
View OriginalReply0
MidnightTrader
· 2025-12-21 19:49
96% of the chips are in a few wallets? This is just a farming field, retail investors going in is just delivering vegetables.
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It's the same old trick, I'm already tired of it.
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"Going for $10" hahaha, is the slogan changed now everyone?
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Whales sell 1000 Bitcoins every hour, and we're still studying Candlesticks.
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Industry leaders standing on stage? Ha, standing on stage in the end still means taking off pants and Rug Pulling.
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After this wave of harvesting, the next project will have someone shouting "1000x coin", it's a cycle.
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With on-chain data written so clearly, is there anyone still daring to enter ASTER?
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200,000 accounts liquidated... I'm just asking how many people should wake up now.
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The platform effect at most brings short-term heat, rough words but not rough reasoning.
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Retail investors have a win rate of less than 1% in gambling, yet they persistently throw money in, they are true warriors.
View OriginalReply0
ForumLurker
· 2025-12-21 19:49
96% of the chips are in a few wallets, this is a market maker's playground.
Those guys who rushed to $10 are probably not sleeping well now.
Big fish dump, small fish catch a falling knife, it has been this way since ancient times.
Valuation exceeds mainstream projects but has no actual application value, this logic is absurd.
This is blatant harvesting, nothing more to say.
This is how small coins are, when a Whale moves, it causes an earthquake.
Retail investors are really gambling, with a 99% chance of losing.
Next time I see a token distribution structure like this, I'll run away.
View OriginalReply0
FlashLoanKing
· 2025-12-21 19:38
Wow, ASTER's move is really ruthless, 96% of the chips concentrated is just incredible.
Again, we see whales dumping, retail investors can never keep up with the rhythm.
This is the moment when on-chain data speaks, it's hard to see how difficult the truth is.
When it was "charging to $10," who thought it would be cut in half?
The token distribution is so distorted yet it can run for so long, it's really crazy.
Looking at the whales' actions, one should understand that smart money has long exited.
The project's valuation is inflated, and its application value is insufficient; combined, this is a ticking time bomb.
Every time I see such a high concentration of tokens, I just want to shake my head.
If there’s going to be a harvest, let it be; in the end, it's still the ones who catch a falling knife that get hurt.
Wait, before the real bottom appears, it seems we still have to continue going down.
View OriginalReply0
UncommonNPC
· 2025-12-21 19:25
96% of the chips are in a few Wallets, this thing is just a market maker's field.
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It's another case of big fish eating small fish, it's time for everyone to wake up.
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The dream of hitting $10 has shattered, now it's just a matter of who buys the dip and who catches a falling knife.
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The on-chain data is right there, it's a clear trap, yet those who follow the trend deserve it.
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This round of operations is ruthless, million-dollar large orders are being smashed one after another, retail investors simply can't hold on.
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The AST situation teaches me a lesson: projects supported by top platforms eventually reveal their true nature.
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$500 million evaporated in one night, this is the crypto world, my friends.
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See clearly, this is not called a fall, this is organized harvesting.
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96% of the chips are in their hands, what are we playing? Betting on probabilities?
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Smart money has run away, good luck to the frens still buying.
In the recent market, ASTER has experienced a brutal fall, and the investors who once shouted "to $10" are now lamenting in the community. The coin price has been directly cut in half, and the number of people trapped is countless. However, if you really look at the on-chain data, you will find that this is not a simple market accident — but a carefully orchestrated wealth transfer.
First, let's look at the overall market background. In the past 24 hours, over 200,000 retail accounts were liquidated across the network, with nearly $500 million evaporating in an instant. Market sentiment has fallen to an all-time low. Meanwhile, those whales who have held Bitcoin for over seven years have started to sell off aggressively—selling more than 1,000 coins every hour. This signal is very clear: smart money is retreating, and the entire market is shrouded in an atmosphere of unease.
Focusing again on the ASTER project itself. Its token distribution structure has serious flaws—96% of the chips are concentrated in a few wallets. In other words, the pricing power of the entire market is actually in the hands of a few individuals. They can manipulate the price trends at will. Retail investors following suit are essentially participating in a gamble with extremely low odds.
From a fundamental perspective, the valuation of ASTER even exceeds that of many mainstream projects, but its actual application value is severely lacking. Its ability to sustain itself until now relies mainly on the backing of industry leaders. However, this backing effect can at most only create short-term hype; without inherent strength to support the project, it will ultimately reveal its true form.
The most critical factor is the selling record of the whales. A few months ago, the capital side sold tens of millions of ASTER within three days, cashing out tens of millions of dollars. At that time, the coin price fell by nearly 30%. This time the operation is even more ruthless—directly smashing through a million-dollar large order, continuously pushing tens of millions of dollars worth of chips to the exchange. Every step is testing the bottom, and every step is also absorbing retail investors' buy orders. This is not a collapse; this is harvesting.