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Whale Wallet Adds $74.58M in ASTER as Fibonacci Levels Point to $4.50, Is the Bull Case Scenario Realistic?

Whale Wallet Adds $74.58M in ASTER as Fibonacci Levels Point to $4.50, Is the Bull Case Scenario Realistic?

CryptonewslandCryptonewsland2025/09/27 19:21
By:by Wesley Munene
  • A whale wallet accumulated 33 million ASTER worth $74.58 million, driving a 16.81% portfolio increase.
  • ASTER surged 301% in a week, reaching $1.99 with $2.74 billion in 24-hour trading volume.
  • Fibonacci extensions place resistance at $2.42, $3.10, $3.81, and $4.49, with $4.50 as the bull case scenario.

A blockchain wallet has drawn attention after accumulating $74.58 million in ASTER, marking a significant portfolio movement. The wallet balance rose 16.81% to $74,589,420.25, with ASTER driving nearly all of that growth.

ASTER Takes the Lead 

According to a post by Mr Whale on X, the wallet contains 33 million tokens, valued at $2.26 each. The token’s price recorded a 20.21% increase within the period, placing ASTER as the dominant holding. This surge brought the portfolio’s valuation higher, making the altcoin the central asset behind the current total.

Source: X

Other holdings are small compared to the aktcoin share. The address carries 8,151 USDC, equal to $8,151, with no change in value. Another stablecoin, USDT, shows 296.506 units worth $296.51, also reflecting no price movement. Ethereum is present in limited volume, with 0.228 ETH valued at $952.17. ETH trades at $4,170.94, reflecting a 0.75% decrease.

The portfolio remains heavily weighted toward ASTER, with stablecoins and ETH contributing only marginally. The 20.21% gain in the altcoin explains the wallet’s 16.81% overall increase, leaving other assets with little influence on performance.

ASTER Current Market Action Revealed

Tracking the ongoing price trend at the time of press, CoinMarketCap data reveals that ASTER’s price moved sharply over the past week, climbing 301.1% to trade at $1.99. The token’s strong advance placed its market capitalization at $3.29 billion, though that figure shows a 12.39% daily decline.

Source: CoinMarketCap

Trading volume reached $2.74 billion in the last 24 hours, equal to 84.65% of its market capitalization. Circulating supply stands at 1.65 billion tokens, with the maximum supply fixed at 8 billion. The unlocked market capitalization is reported at $3.23 billion, while the fully diluted valuation is $15.92 billion. The number of holders reached 72,870, reflecting growing participation. Despite recent gains, daily movement shows price cooling after hitting higher levels earlier this week. 

ASTER Price Levels Show Defined Upside Targets: Resistance Levels and Bull Case Scenario

ASTER’s recent trading activity indicates potential upside targets based on Fibonacci extensions. The two-hour chart displays the token moving above $2, with current price activity positioned near $2.04. The chart identifies resistance at the 1.618 extension near $2.42. 

Source : X

Further levels are mapped at $3.10 for the 2.618 extension and $3.81 at the 3.618 extension. The highest extension noted on the chart is $4.49, aligning with the 4.618 level. Analysts tracking the chart have marked $4.50 as a bull case scenario if momentum continues. These Fibonacci extensions remain key technical levels under current trading patterns.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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