Aster Token Price dropped 16% Intraday after Defillama had removed his perpetual futures data on suspicious trading patterns, causing a sale in the midst of rising market activity and trading caution.
Summary
- The Aster price fell more than 10% to $ 1.92 after Defillama had deleted its eternal data.
- Derivatives volume rose by 1.85% to $ 4.83 billion, while open interest was kept at $ 1.45 billion.
- RSI near 47 shows neutral momentum; Main support is at $ 1.75.
Aster is traded at $ 1.92, with 6% decrease in the day. The Token fell to an intraday depot of $ 1.80 of a highlight of $ 2.09 before they rise marginal. Aster is now 21% less than his peak of $ 2.09 on 24 September.
The last decline follows the decision of Defillama to remove the eternal futures data from Aster (ASTR) because of concerns about inflated volumes. The trade volume during the last day was $ 1.06 billion, an increase of 15.5% compared to the day before, which indicates an increased activity despite the sale.
Coinglass facts Show that the open interest rate fell by 0.02% to $ 1.45 billion, while Aster’s derivative volume increased by 1.85% to $ 4.83 billion. This suggests that, despite a higher trading activity, traders do not expand new positions, a sign of caution after the removal news.
Defillama scraps Aster -Perps about washing trade fears
On October 5, Defillama published co-founder 0xngmi on X that Aster’s trade volumes had almost precisely started to reflect the data from Binance, in particular on couples such as XRP/USDT and ETH/USDT. Such a 1: 1 -correlation is statistically unlikely in decentralized financial markets and increased red flags about the authenticity of the reported activity of Aster.
The platform said that it could not verify order data at a lower level, such as market maker or filler addresses, which limits its ability to confirm whether transactions are organically or artificially inflated. As a result, the eternal data from Aster was removed from the Defillama dashboard, although the location and total value of the value are stated.
Aster, who works as a decentralized perpetual DEX built on BNB chain and supported by YZI Labs, has not issued an official statement. The deletion follows an increase in the reported trade volume. Aster’s daily PERP volumes reportedly reached $ 60 billion at the end of September, which briefly surpassed hyperliquid (hype).
Community reactions on X were mixed. Some users supported Defillama’s decision as a defense of data integrity, while others accused these of bias. 0xngmi denied all conflicts of interest and stated that neither he neither had nor the platform had financial exposure to aster or rival hyperliquid.
Technical analysis of the Asterprijs
Aster tested the Lower Bollinger band at $ 1.75 and now consolidates almost $ 1.89, according to the one-hour graph. After a steep fall, the price is now near the middle band ($ 1.88), which indicates temporary stabilization.
The market is neither over -sold nor overbought, according to the relative strength index at 47.3, which shows neutral momentum. Aster can re -test the top tire at $ 2.01 – $ 2.05. This assumes that it will regain $ 1.92. On the other hand, if $ 1.75 is broken, the market can go to $ 1.65, a crucial level of support for late September.
The price structure indicates a modest attempt at recovery, but volume peaks indicate that volatility is still high. Until market confidence improves whether transparency is tackled on the chain, Aster can be confronted with persistent headwind, despite incidental care.
