On-chain data tracking firm Arkham recently detected a key transfer. A whale quietly transferred 1.926 million ASTER tokens to a major exchange via an intermediary address six hours ago. This move is not simple — about two months ago, this whale started accumulating secretly when the price hadn't dropped to its current level.
The question is: given the current market conditions, if this whale really dumps, they could face a loss of approximately $600,000, with an investment return rate of -30%. What does this move behind the whale's operation really mean? Are they really unable to hold and want to cut losses, or are they just repositioning within the exchange? This mystery remains to be observed.
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TokenDustCollector
· 12-28 04:34
Is this the same old trick again? When whales transfer to exchanges, they have to cut their losses? Wake up, everyone.
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Daring to move even after a $600,000 loss shows this guy is really panicking.
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Bought the dip two months ago and now cutting losses. This trade is really brutal.
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Switching positions or actually cutting losses? Wait a couple more days, and the on-chain data will tell.
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A dump of 1.92 million coins, and the entire market will shake.
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The worst thing at times like this is big players following the trend and cutting, while retail investors are just sleepwalking.
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Either cutting losses or fake shorting—it's all part of the game.
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A 30% loss. If it were me, I’d have liquidated early. This guy is really persistent.
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FlashLoanPrince
· 12-28 04:32
Another whale dumping scene, daring to move even after a $600,000 loss? I think they're mostly just shuffling chips around.
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AirdropHunter007
· 12-28 04:27
This whale is really probably at its limit, who can stay calm with a $600,000 loss?
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Wait, transferring to an exchange doesn't necessarily mean a sell-off, maybe just repositioning.
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Still daring to transfer to an exchange with a 30% loss, how desperate must that be?
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Arkham's tracking ability is really a bit terrifying, privacy is gone.
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I bet five bucks this guy will buy back later, a typical cut-loss move.
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If you accumulated two months ago, it's not too bad, it all depends on how you handle it later.
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Once transferred to an exchange, all kinds of speculation happen—that's the cost of on-chain trading.
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192 million tokens, that’s a serious move.
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Getting panicked, a typical signal of cutting losses and dumping.
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By the way, Arkham can track such large transfers in real-time, how to prevent that, really?
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$600,000 loss, just lose it, I’ll just lie flat.
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It might not be a cut-loss, maybe just switching trading pairs.
On-chain data tracking firm Arkham recently detected a key transfer. A whale quietly transferred 1.926 million ASTER tokens to a major exchange via an intermediary address six hours ago. This move is not simple — about two months ago, this whale started accumulating secretly when the price hadn't dropped to its current level.
The question is: given the current market conditions, if this whale really dumps, they could face a loss of approximately $600,000, with an investment return rate of -30%. What does this move behind the whale's operation really mean? Are they really unable to hold and want to cut losses, or are they just repositioning within the exchange? This mystery remains to be observed.