- Aster price jumped 7% as bulls retested the $1.20 resistance level.
- A technical breakout signals a potential continuation of upside.
- A whale has added to its ASTER holdings and now holds more than 8.4 million tokens.
The Aster (ASTER) token is trading around $1.17 as bulls appear to be retesting the $1.20 resistance level.
Although intraday gains of roughly 7% suggest a relatively calm trading day by Aster standards, this move accompanies a notable strategic accumulation of 8.41 million ASTER tokens by a single large holder.
Ongoing accumulation combined with emerging technical patterns could set the stage for a strong upside move for the DEX token.
Whale accumulates 8.4 million ASTER
On-chain data highlighted in a Lookonchain post shows that the whale known as “ThisWillMakeYouLoveAgain” has significantly increased its Aster position since November 4.
During this period the address acquired 8.41 million ASTER tokens at an average price of $0.97 per token.
This $36M+ profit PEPE whale “ThisWillMakeYouLoveAgain” keeps buying $ASTER.
Since Nov 4, he has bought 8.41M $ASTER($8.14M) at $0.97 avg and currently sitting on an unrealized profit of $1.1M.https://t.co/ojMTiObP6O pic.twitter.com/fQfaKtFJ0n
— Lookonchain (@lookonchain) November 12, 2025
This accumulation has produced an unrealized profit of about $1.1 million according to the latest updates.
On-chain records show the whale’s activity involved multiple USDT deposits to the Aster platform followed by token purchases, indicating a calculated strategy.
Notably, this investor previously realized significant gains trading PEPE.
Another bullish driver for Aster has been token buybacks.
Over the last 24 hours, ASTER buyback activity rose by 50%, reaching a rate of approximately $7,500 per minute.
The buyback program removed roughly 2.4 million ASTER tokens from circulation, valued at about $2.8 million — roughly 0.12% of the total circulating supply.
The resulting supply reduction has provided bullish momentum for the token, with market sentiment further bolstered by rumors of a potential Coinbase listing and renewed trader interest following the technical breakout.
Much of the recent gains reflect well-timed buying: after accumulating ASTER at lower levels in recent weeks, the whale appears to have growing confidence in Aster’s prospects.
Aster price outlook amid technical breakout
While many altcoins continue to struggle, Aster’s price has displayed a clear technical breakout.
The token’s move and the possible retest of the $1.20 level align with a breakout from a symmetrical triangle pattern on the 4-hour chart.
If bulls can close above the triangle’s resistance line and retest the prior high around $1.215, it could signal a shift from bearish to bullish momentum.
Momentum indicators support this view: the RSI sits above 62 and appears poised to move higher, while Chaikin Money Flow points to steady capital inflow and an accumulation phase that could push Aster toward higher resistance levels.
Should the $1.20 barrier be decisively breached, technical targets in the short term range between $1.25 and $1.50.
Bullish plans depend on sustained market support; if broader market weakness persists, bears could reassert control.
The next few days will be critical to determine whether the token can maintain upside momentum above $1.20. In a downside scenario, immediate support levels to watch are $1.08 and $0.96.