- Aster price rose 7% as bulls tested resistance near $1.20.
- The technical breakout signals a potential continuation to the upside.
- A whale has increased its ASTER accumulation and now holds over 8.4 million tokens.
The Aster (ASTER) token is trading around $1.17 as bulls appear to test the $1.20 resistance level again.
Although the intraday gain of 7% suggests a relatively calm day by Aster standards, this advance comes amid a notable strategic accumulation of 8.4 million ASTER tokens.
Consistent buying activity combined with emerging technical patterns could set the DEX token up for a stronger upward move.
Whale accumulates 8.4 million ASTER
On-chain data highlighted by a Lookonchain post on X shows that the whale known as “ThisWillMakeYouLoveAgain” has significantly increased its Aster position since November 4, 2025.
Over that period, the entity 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 approximately $1.1 million based on the latest updates.
On-chain records show the whale’s activity involved multiple USDT deposits onto the Aster platform followed by token purchases, indicating a deliberate, calculated strategy.
Notably, this investor previously realized substantial gains trading PEPE.
Another bullish factor supporting Aster has been accelerated token buybacks.
Over the past 24 hours, ASTER buybacks increased by 50%, reaching a pace of about $7,500 per minute.
The program removed 2.4 million ASTER coins from circulation, valued at roughly $2.8 million — about 0.12% of the total circulating supply.
The resulting supply reduction has added bullish momentum to the token, with market sentiment further lifted by speculation of a possible Coinbase listing and a technical recovery that has renewed trader interest.
Much of the recent gains reflect smart market timing: after accumulating ASTER at lower levels in recent weeks, the whale appears to have growing confidence in the token’s potential.
Price outlook amid a technical breakout
While many altcoins continue to struggle, Aster’s price has shown a technical breakout pattern.
The token’s rise and the potential retest of $1.20 align with a breakout from a symmetrical triangle on the 4-hour chart.
If bulls can close above the triangle’s resistance line and push for a retest near $1.215 as seen previously, it may signal a shift from bearish to bullish momentum.
Aster price chart from TradingView
RSI and Chaikin Money Flow indicators add further support to this view, with RSI trading above 62 and likely to extend higher.
CMF suggests consistent capital inflows and an accumulation phase that could push Aster toward higher resistance levels.
Should the $1.20 barrier break decisively, technical projections point to near-term targets between $1.25 and $1.50.
Bulls’ success will depend on sustained market support. If broader market weakness returns, bears could reassert control.
The coming days will therefore be critical in determining whether the token can maintain upward momentum above $1.20. In a negative turn, immediate support levels to watch are $1.08 and $0.96.