Aster Price Retests $1.2 As Whale Accumulates 8.4M Tokens

Aster (ASTER) price rose 7% and is attempting to retest the $1.2 resistance level, currently trading above $1.17. The price increase coincides with substantial accumulation of the token by a whale investor.

According to on-chain data from Lookonchain, the whale, “ThisWillMakeYouLoveAgain,” has acquired 8.41 million ASTER tokens since November 6, 2025, purchasing them at an average price of $0.97 per token. This accumulation represents an unrealized profit of $1.1 million.

The whale’s transaction history shows multiple deposits of USDT into the Aster platform followed by token purchases, suggesting a calculated strategy. The investor previously realized profits from trading PEPE.

Recent data shows a surge in ASTER token buybacks over the past 24 hours, increasing to $7,500 per minute. This initiative removed 2.4 million ASTER tokens from circulation, approximately $2.8 million in value, or 0.12% of the total supply.

Technical analysis indicates a breakout from a symmetrical triangle pattern on the 4-hour chart. If the price closes above $1.2, potential targets between $1.25 and $1.50 are possible. Indicators like RSI and Chaikin Money Flow further support a bullish trend.

However, broader market weakness could impact the token’s ability to sustain upward momentum, potentially leading to a reversal and support levels at $1.08 and $0.96.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.