ASTER Surges 9.8% To $0.7307 As New Wallet Withdraws $1.6M ASTER. Will It Sustain Its Uptrend?
The post ASTER Surges 9.8% To $0.7307 As New Wallet Withdraws $1.6M ASTER. Will It Sustain Its Uptrend? appeared on BitcoinEthereumNews.com.
Aster (ASTER) is attracting market attention due to heightened token demand and rejuvenated user buying activity in its crypto network. Today, market analyst Lookonchain spotted a newly created crypto wallet that executed a massive transaction by withdrawing 1.12 million ASTER tokens worth $1.6 million from the Binance exchange. This transaction brought the ASTER coin into the public limelight among the wider cryptocurrency community. Aster (ASTER) is the native cryptocurrency of Aster, a decentralized exchange (DEX) platform that allows crypto users to trade perpetual contracts with up to 1001x leverage across numerous crypto assets. Data from CoinGecko shows that Aster is currently the second-largest perpetual DEX platform by trading volume, following Hyperliquid (the market leader), while EdgeX and Lighter take the third and fourth positions, respectively. This significant token accumulation in the current highly volatile crypto market holds crucial impact on liquidity and investor sentiment in the digital asset market. Newly created wallet “0xDD6A” withdrew 1.6M $ASTER($1.12M) from #Binance 2 hours ago.https://t.co/uLmePlgSlI pic.twitter.com/l5617lX1ZV — Lookonchain (@lookonchain) February 12, 2026 What This Withdrawal Means for Aster As shown above, the newly created wallet’s move to withdraw 1.12 million ASTER tokens valued at $1.6 million from Binance has caught the attention of crypto market watchers, including Lookonchain. This form of transaction activity typically indicates looming accumulation by smart money or institutional customers, particularly when huge sums of tokens are pulled off from centralized exchanges and transferred into private wallets. The wallet’s transaction suggests that crypto whales are positioning themselves for ASTER’s next market phase as February continues to elapse its days. On-chain data shows that large investors, popularly known as whales, are already accumulating ASTER tokens ahead of an imminent trend shift. According to data from Artemis, big wallet investors have accumulated over 170 million ASTER tokens over the last five days, a…
Filed under: News - @ February 13, 2026 2:30 am