en.bitcoinsistemi.com
The activity of Galaxy Digital-linked addresses in the $ASTER altcoin is noteworthy.
According to onchain analytics platforms, an address associated with Galaxy Digital withdrew an additional 13 million $ASTER tokens from exchanges in the last 24 hours. This amount corresponds to approximately $29.12 million at current prices.
With the latest transaction, this address's total $ASTER holdings have reached 46 million. The total market capitalization of the tokens is approximately $103 million. On-chain data reveals that this address alone holds 2.77% of $ASTER's circulating supply. This ratio indicates that a significant portion of the market supply is concentrated in a single hand.
A similar accumulation move was made by another whale, or institutional investor. According to on-chain analysts, the address in question increased its holdings by withdrawing an additional 13 million $ASTER tokens from the Gate exchange. This transaction was valued at approximately $29.12 million. This address's total balance reached 46 million $ASTER, bringing the value of its tokens to $103 million.
*This is not investment advice.