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Crypto News

Aster Delisting Sparks 16% Drop Amid Suspicious Trading Concerns

Last updated: October 6, 2025 7:00 pm
Published: 5 months ago
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According to market sources, the Aster delisting has sent shockwaves through the cryptocurrency market, erasing over ten percent of its value in a single day. The decision by DeFiLlama to remove Aster’s perpetual futures data over suspicious trading activity sent shockwaves through traders who had been eyeing its growing volumes.

The event has become a significant talking point, blending questions of transparency with the unpredictable pulse of the altcoin market.

The Aster delisting sparked a quick 16% drop, sending the token to $1.80 before it steadied around $1.90-$1.92. Traders were rattled after Aster’s volumes appeared to mirror Binance’s almost exactly, a pattern experts called “statistically improbable.”

Aster’s 24-hour derivatives volume stands at $4.69 billion, with open interest at around $1.41 billion. Despite substantial numbers, traders remain cautious about new positions. Technically, the RSI hovers near 47, signaling neutral momentum. Support stands at $1.75, and resistance at $2.01-$2.05. The token remains range-bound, waiting for a clear direction.

Before the delisting, Aster’s daily perpetual trading reportedly reached $60 billion, briefly surpassing Hyperliquid’s approximately $10 billion, a surge that quickly drew scrutiny.

Also Read: ASTER Price Prediction 2025-2026: Can Whale Hype Push $ASTER to $5?

The Aster delisting began after DeFiLlama’s co-founder, Oxngmi, flagged suspiciously identical trading data between Aster and Binance, especially for XRP/USDT and ETH/USDT pairs. The near-perfect correlation suggested possible wash trading, where fake volume is created through self-trades.

Unable to verify order-level data or market-maker addresses, DeFiLlama pulled Aster’s perpetual listings but left spot and TVL data intact. Many viewed it as a stand for transparency, even as others called it heavy-handed.

The move divided traders. Some applauded DeFiLlama for defending data integrity, while others accused it of bias. Aster, built on BNB Chain and backed by YZi Labs, has yet to issue an official response.

Before the delisting, Aster’s perpetual volume reached $24.7 billion, open interest increased to $1.25 billion, and TVL rose from $625 million to $1.85 billion in a matter of days. What once appeared to be rapid growth now raises more profound questions about how that activity was generated.

The Aster delisting still weighs on sentiment. The token trades near $1.90, with a 24-hour futures volume of approximately $4.7 billion and an open interest of nearly $1.4 billion.

The price sits in the mid-range of the Bollinger Band, indicating a quiet tug-of-war between buyers and sellers. A drop below $1.75 could send it toward $1.65, while a move above $1.92 may target $2.05. Until Aster’s team improves transparency and confirms trade data, volatility is likely to persist at a high level.

Based on the latest research, Aster delisting has become more than a data dispute. It’s a test of credibility for decentralized trading. With the token hovering near $1.90 and a 24-hour futures volume of over $4.6 billion, the market remains alert. Unless the team restores transparency, volatility will continue to shadow every rebound, keeping the Aster delisting at the center of trader discussions.

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The Aster delisting sent the token near $1.90 after DeFiLlama flagged suspiciously mirrored Binance trading volumes. With daily futures volume above $4.6 billion and open interest around $1.4 billion, traders remain cautious. Analysts see resistance at $2.05 and support at $1.75, warning that without clarity on the data, Aster’s volatility is likely to persist.

Wash Trading: Artificially inflating trading volume by buying and selling the same asset.

Open Interest: The total value of outstanding derivative contracts.

RSI (Relative Strength Index): A momentum indicator showing whether an asset is overbought or oversold.

Bollinger Bands: A Chart tool that shows volatility and potential reversal zones.

DeFiLlama delisted Aster’s perpetual data due to suspicious volume patterns that mirrored Binance, suggesting possible wash trading.

Yes, Aster remains active on multiple exchanges, but its perpetual data is no longer displayed on DeFiLlama.

Support sits near $1.75, while resistance levels are between $2.01 and $2.05.

Aster could stabilize if its team provides transparency about trade data and restores investor confidence.

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