A wallet that withdrew 10 million ASTER (roughly $6.71M) from Binance three days ago has now deposited 5 million ASTER (~$3.25M) back into the Aster protocol. The split move leaves the other half of the original withdrawal unaccounted for in public flows.
The ambiguity is the story: a protocol deposit could mean staking — a constructive signal — but it could equally be a prelude to an OTC exit or a staged sell. With the return leg priced at $3.25M against a $6.71M withdrawal, the position is already underwater if the whale bought near the withdrawal price.
Market participants will be watching whether the remaining 5M ASTER surfaces on an exchange or stays dormant.
Original content
The whale who withdrew 10M $ASTER($6.71M) from #Binance 3 days ago has now deposited 5M $ASTER($3.25M) into #Aster.
Staking — or selling at a loss?
https://t.co/pjf5DDyorA https://t.co/LrLn2Pz5zq
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