TLDR
- Galaxy Digital transferred 2 million ASTER tokens to Binance, valued at approximately $3 million.
- The total ASTER tokens moved by Galaxy Digital this week have reached $40.8 million, valued at approximately $68.28 million.
- Despite the transfers, the company still holds 31.9 million ASTER valued at nearly $47.21 million.
- ASTER’s price dropped by over 40 percent during a recent market crash but has rebounded to around $1.53.
- Galaxy Digital has not provided any official explanation regarding the purpose of these transactions.
Galaxy Digital has moved 2 million ASTER tokens, worth approximately $3 million, to Binance, according to Arkham Intelligence. This transfer occurred just hours before the data surfaced from blockchain tracker The Data Nerd. Galaxy Digital has not released any official comment on the purpose of this transfer.
ASTER Transfers Cross $68 Million in a Week
Galaxy Digital has now sent 40.8 million ASTER to Binance over the past week. This total equals nearly $68.28 million based on current prices. Despite these moves, the firm’s wallet still holds 31.9 million ASTER tokens.
This remaining ASTER holding is valued at around $47.21 million as of the latest market data. The reason behind the steady outflow of tokens remains unclear, as Galaxy Digital has not provided a comment. These repeated transfers have raised attention during a volatile period for digital markets.
The latest transaction adds to growing speculation about Galaxy Digital’s trading strategies. Analysts note the timing may be linked to recent price movements in the ASTER market. Still, no confirmed rationale has been offered by the company itself.
5 hours ago, #Galaxy_Digital deposited another 2M $ASTER (~$3M) into #Binance.
In past week, he deposited totally 40.8M $ASTER (~$68.28M) into #Binance.
Just now, he still owns 31.9M $ASTER (~$47.21M)
Address:https://t.co/a4r19WxBNB pic.twitter.com/SAlV2JafPH
— The Data Nerd (@OnchainDataNerd) October 15, 2025
Buyback Program Planned to Support ASTER
ASTER’s price fell sharply last Friday, dropping 40.43% within minutes during a major crypto market crash. It declined from $1.8464 to $1.10 amid over $19 billion in trader liquidations. However, ASTER has since rebounded and is trading around $1.53, up 14% in the past 24 hours.
The token is the native asset of the Aster Perpetual Decentralized Exchange. Binance listed ASTER on October 6 with a Seed Tag, highlighting its high-risk classification. This tag also requires traders to complete risk awareness quizzes every 90 days.
Despite recent volatility, the Aster team continues to develop its ecosystem. CEO Leonard Aster recently announced an upcoming Layer-1 blockchain named Aster Chain. This chain is in internal testing and will offer low fees, privacy, and sub-second finality.
CEO Leonard Aster confirmed plans to launch a token buyback program to reward long-term ASTER holders. “Buybacks are the most direct way to return value to the community,” he said. The company is still finalizing specific details for this initiative.
Aster Chain will feature built-in perpetual contracts, aiming to enhance trading performance on-chain. Meanwhile, ASTER remains a high-interest token in the market, especially after endorsements from former Binance CEO Changpeng Zhao. His previous social media support played a key role in ASTER’s early momentum.
