PEPE Whale Buys 8.41M ASTER, Earns $1.1M in Unrealized Profit
Lookonchain data shows a major PEPE whale, “ThisWillMakeYouLoveAgain,” with over $36 million in PEPE unrealized gains, has acquired 8.41 million ASTER tokens since November 4. The whale purchased ASTER at an average price of $0.97, spending roughly $8.14 million, and now holds an unrealized profit of $1.1 million. This continued ASTER token accumulation highlights sustained whale interest and could impact market liquidity and price movements. Traders should watch large‐scale ASTER transactions for potential signals on token valuation.
Bullish
A prominent whale’s significant ASTER accumulation signals strong confidence and buying pressure, typically leading to price appreciation. Historically, major whale buys have attracted retail and institutional follow‐on interest, boosting token momentum. In the short term, this could tighten supply and drive up ASTER prices. Over the long run, sustained whale support may underpin market stability and encourage broader investor participation.