• A large-scale investor has offloaded millions of ASTER tokens, absorbing a 22% loss within two weeks.
• ASTER price has dropped below key levels, signaling bearish short-term bias.
• Aster team calms supply-side worries by confirming no plans to sell unlocked tokens.

The digital assets market remained deteriorated on Wednesday, with the global crypto market capitalization at $2.94 trillion after a 0.65% dip in the past 24 hours.

Also, Bitcoin remained somewhat muted in the last day after the recent decline, changing hands at $86,640 following a mere 0.30% decline on its daily chart.

While most altcoins sought footing after the latest broad-based crash, ASTER is experiencing renewed selling momentum as large-scale players exit.

The digital token has lost nearly 10% of its value in the past 24 hours, underscoring overwhelming downward momentum.

According to Lookonchain, one whale has sold 3 million Aster coins, worth approximately $2.33 million today.

The entity executed the transaction when the alt traded at $0.78 per token.

Notably, the whale accumulated these tokens only two weeks ago and has now suffered a roughly 22% loss (or $667,000).

Such moves are often more than just a trade gone wrong.

Generally, whale investors have high risk tolerance and intend to hold for the long term, possibly until the asset turns bullish.

So, when a large-scale investor surrenders at a loss, it can signal a lack of conviction in short-term price rebounds.

Furthermore, the exit has coincided with ASTER’s significant price decline, magnifying prevailing bearish sentiments.

ASTER price analysis

Aster’s native token is changing hands at $0.7475 after losing more than 8% of its value in the last 24 hours.

The daily trading volume has increased by nearly 45%, signaling increased activity from participants likely exiting before further declines.

Meanwhile, ASTER has breached the crucial support zone at $0.81 – $0.82 and is ready to turn it into an overhead supply region.

That suggests immense bearishness, with any potential rebound to $0.80 likely to encounter heavy selling pressure.

Sellers are targeting the barrier at $0.72, where ASTER briefly paused during the previous dip.

Failure to attract adequate buying activity at this mark could expose the altcoin to further declines to the psychological zone at $0.70 in the near term.

Meanwhile, ASTER should reclaim $0.82 to flip to bullish.

Surpassing $0.85 with massive volumes could support breakouts to $0.90 and clear the path to $1.

Aster team boosts community confidence

Amidst the devastating downward pressure, the DEX has shifted attention to supply dynamics.

Early today, December 17, the team took it to X to address these concerns, confirming the completion of December’s Community & Ecosystem token unlock.

They have moved the unlocked assets to an address that now holds 235.2 million Aster coins after three months of coin releases.

Notably, Aster emphasized that it has no immediate plans to spend the unlocked ASTER and that the team will communicate in advance in case of future deployment plans.

While the announced transfer doesn’t add new supply to the circulating tokens, it comes amid amplified uncertainty, with traders worrying about additional selling pressure as key holders surrender.

 

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• BNB Chain has introduced a stablecoin to enhance cross-chain liquidity.
• The token targets large-scale, high-volume usage across different sectors.
• Community buzzes as Binance founder CZ follows a new stablecoin named U.

BNB Chain is planning a massive step into the stablecoin industry.

The platform took it to X to introduce a new stablecoin set to launch soon.

The new token aims to integrate liquidity across different applications while catering to high-volume, large-scale utility needs.

While most existing stablecoins have payment and trading as their primary use cases, BNB Chain’s upcoming token aims to seamlessly integrate into different financial platforms, dApps, and other blockchain-linked systems.

The late Tuesday X post read:

A brand new stablecoin will officially launch on BNB Chain. The goal is to integrate liquidity across various application scenarios – designed specifically for large-scale applications.

BNB Chain is looking to unify liquidity from various application scenarios for users and developers to interact with several financial services without fragmentation challenges.

With that, the Chain can maintain its competitiveness as scalability and interoperability see impressive demand.

CZ’s interest drives community buzz

The announcement sparked debates among the Binance community across crypto forums and social media.

Enthusiasts rejoice as the new stablecoin could solve liquidity issues for projects that need large-scale transactions.

Binance founder Changpeng Zhao added to this excitement after recently following a new stablecoin project called U on X.

That has triggered speculation about a possible support and partnership.

The U stablecoin – designed for the next phase of digital finance

The new U stablecoin is a purpose-built asset designed to serve the changing needs of on-chain finance.

Its three core principles, Unified, Inclusive, and Fluid, underscore its goal to unify liquidity, support large-scale adoption, and ensure smooth integration across various platforms.

U will launch on December 18, and according to its X handle:

U is built on a comprehensive reserve management framework that prioritizes both security and liquidity – ensuring reliability at its core. Designed for individuals, institutions, and builders who demand unwavering stability.

Though without a formal confirmation, markets have interpreted CZ’s interest as a signal for possible future ‘U’ stablecoin integration on the Binance ecosystem.

Broad market context

The U debut comes as markets move to stablecoins that prioritize transparency, institutional-grade offerings, liquidity, and increased earning opportunities.

For instance, synthetic stablecoins have seen increased traction in 2025, outperforming giants like USDT and USDC in key metrics such as weekly volumes.

Stablecoins have been the primary gateway into the cryptocurrency market, allowing individuals to enter and exit anytime without the need for repeatedly converting to fiat.

Grayscale expects a boom in stablecoins in the coming year after the 2025 breakout that saw supply hitting $300B with $1.1 trillion average monthly transactions.

The report added:

In 2026, we expect to see the practical results: stablecoins integrated into cross-border payment services, stablecoins as collateral on derivatives exchanges, stablecoins on corporate balance sheets, and stablecoins as an alternative to credit cards in online consumer payments.

Binance is likely preparing to tap into this demand by integrating a new stablecoin into BNB Chain.

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