At around 03:53, an on-chain ASTER transfer worth noting occurred.
According to Arkham monitoring, 3,584,900 ASTER were transferred from an anonymous wallet (starting with 0x794e) to the Aster project address. Based on the price at that time, this transfer was worth approximately 3.34 million dollars.
The actions of the project party regarding the repatriation of large amounts of tokens usually attract market attention. As for the specific purpose—whether it is for market making, locking, or other arrangements, it is still unclear for the time being. Friends holding ASTER can pay attention to the subsequent developments.
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SybilSlayer
· 10h ago
3.58 million coins flow into the project party, is this wave going to pump or Be Played for Suckers, I don't understand.
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小赚1个亿米
· 12-01 20:55
Buyback in advance
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BearMarketSurvivor
· 12-01 20:37
334 million USD flowing back to the project party, I've seen this kind of trick too many times... usually not a good signal
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Transferring at dawn to avoid attention, a typical supply line move, must keep an eye on whether the follow-up is dumping or Lock-up Position
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3.58 million coins? Didn't see a corresponding announcement, better hedge the risks first
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Whether it's market making or Lock-up Position, the core depends on the project party's subsequent chip management discipline, this is the key to survival
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Transferring to the project party via an anonymous Wallet, there's information asymmetry, I still remain skeptical
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This wave of operations smells a bit off, in the battlefield, such covert moves usually have a backup plan.
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ArbitrageBot
· 12-01 20:37
Dumping so much in the early morning, it must either be a Lock-up Position or a prelude to dumping...
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BearMarketSurvivor
· 12-01 20:36
Well... 3.34 million dollars flowing back directly, this operation is something, gotta keep an eye on it.
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BlockchainDecoder
· 12-01 20:35
Hmm... 3.58 million coins flowing to the project party, this operation depends on whether there will be a lock-up announcement later, otherwise it feels a bit虚.
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A transfer of 3.34 million USD, conducted during the early morning hours, from a data perspective, this is indeed avoiding attention. Worth following up.
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Whether it's for market making or other uses, it really depends on whether the project party has an official announcement next. It's meaningless to guess blindly now, just see how the market data reacts.
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Based on Arkham's on-chain data, the credibility of this transfer itself is still there. But the problem is that the identification of the anonymous wallet is blank—it's impossible to rule out the possibility that this is a self-scheduling by the project party.
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3.58 million... need to think about what percentage this occupies in the circulating supply. If the proportion is high, then the market impact of this operation is no small matter.
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Transferring quietly in the early morning hours is indeed a bit particular. On the bright side, it could be seen as low-key operation, on the downside... you should have some sense.
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From a technical perspective, such a large amount flowing to the project party usually comes with two possibilities: liquidity adjustment or preparation for release. The former is okay, but the latter requires more caution.
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BlockchainBard
· 12-01 20:33
It's this trap again... Dropping such a large order into the project address at dawn, to put it bluntly, it's just testing the market reaction.
Large transfer in the early morning: 3.58 million AST flowing to the project party Address
At around 03:53, an on-chain ASTER transfer worth noting occurred.
According to Arkham monitoring, 3,584,900 ASTER were transferred from an anonymous wallet (starting with 0x794e) to the Aster project address. Based on the price at that time, this transfer was worth approximately 3.34 million dollars.
The actions of the project party regarding the repatriation of large amounts of tokens usually attract market attention. As for the specific purpose—whether it is for market making, locking, or other arrangements, it is still unclear for the time being. Friends holding ASTER can pay attention to the subsequent developments.