ASTER Token Slides 8.83% as Whale Sell-Off Follows Unlocking of 77.8 Million Coins

ASTERUSDT has seen an 8.83% price decline in the last 24 hours, trading at 0.712 USDT on Binance. The decrease is primarily attributed to a significant whale sell-off following the unlocking of 77.8 million ASTER tokens, which increased circulating supply and triggered bearish sentiment. Additional downside pressure came as the price broke below key support levels, coupled with broader technical weakness, while recent upgrades such as the launch of Shield Mode and upcoming roadmap milestones have not offset selling momentum. Market activity remains high, with a 24-hour Binance volume of 137.27 million ASTER (104.92 million USDT), circulating supply near 2.50 to 2.57 billion ASTER, and market capitalization estimated between $1.78 billion and $2.12 billion.