ASTER had a $32M supply unlock hit today, 44.67M tokens at midnight, and the tape basically shrugged. Price is flat at ~$0.698, down half a percent on $7M of volume. That is the whole story, and it is worth noticing.
Unlocks are supposed to be the classic sell event. Fresh supply lands, everyone who has been waiting finally gets out, price sags. ASTER absorbed the full $32M and sat on the lows of its range like nothing happened. Either the recipients are in no rush to sell, or the bid underneath is stronger than it looks. Honestly both are worth watching.
Levels are simple: $0.696 has held all session, $0.70 keeps getting retested. Lose $0.69 on real volume and today was just the calm before it. Hold here and the unlock narrative dies fast.
When was the last time you saw a $32M unlock land and price went sideways? Not often. $ASTER
Unlocks are supposed to be the classic sell event. Fresh supply lands, everyone who has been waiting finally gets out, price sags. ASTER absorbed the full $32M and sat on the lows of its range like nothing happened. Either the recipients are in no rush to sell, or the bid underneath is stronger than it looks. Honestly both are worth watching.
Levels are simple: $0.696 has held all session, $0.70 keeps getting retested. Lose $0.69 on real volume and today was just the calm before it. Hold here and the unlock narrative dies fast.
When was the last time you saw a $32M unlock land and price went sideways? Not often. $ASTER