Aster Crypto Crashes 10% Before Phase 2 Airdrop, What’s Going On?

In early October 2025, the price of Aster (ASTER) fell by almost 10% and the timing raised eyebrows. This drop happened just before the project’s Phase 2 airdrop, set to open for claiming on 10 October 2025 with tokens distributed on 14 October. 

Many holders and new traders began to wonder: why did the price fall right before such a big event? Let’s break down the main reasons behind the fall and what it could mean for Aster’s future.

Common Market Reactions Before Airdrops

Before large airdrop events, it’s actually quite common to see a price decline. When projects release free tokens to holders or community members, traders often prepare to sell their rewards quickly. This expected sell pressure can cause prices to drop even before the airdrop begins.

For Aster, the Phase 2 airdrop will release about 4% of the total token supply, and there is no lock-up period. That means people can sell their new tokens immediately once they receive them. Many investors expect this to create short-term selling pressure, which can pull the price down temporarily.

Read Also: ASTER USDT | Spot Trading

Concerns About Data Integrity on Aster’s DEX

Another major reason behind the price dip comes from concerns about data accuracy on Aster’s own decentralised exchange (DEX). The popular blockchain data site DeFi Llama recently removed Aster’s trading-volume numbers. 

They explained that the data from Aster’s DEX showed an unusual perfect correlation with Binance’s numbers, which made analysts worry that Aster’s trading data might not be completely trustworthy.

When something like this happens, confidence in the project can drop quickly. Traders may become uncertain, leading to panic selling or hesitation to buy more. This was likely a big factor behind the 10% decline.

Rumours About Binance Listing and Whale Activity

Adding more mystery to the situation are the rumours of a potential Binance listing. Several large movements of Aster tokens have been noticed flowing into Binance wallets, and even former Binance CEO CZ has shared supportive comments about Aster in the past. These clues sparked excitement but also fuelled speculation.

Large investors, often called whales, started moving millions of USDT and ASTER tokens just before the airdrop. This kind of activity can lead to sharp price swings. While some whales might be collecting tokens before a possible listing, others may be trying to manipulate prices for short-term profit. For smaller traders, this creates an unpredictable and volatile environment.

Technical Support and Resistance Levels

From a technical analysis point of view, Aster’s price had recently peaked near $2.14. However, it soon fell below the $1.74 support level, a key point that many traders watched. When a price drops below such a level, it can signal a bearish (downward) trend. Unless Aster can climb back above $1.74 and hold that level, more declines could follow.

On the other hand, if the price rebounds and stays above the support zone, that could renew trader confidence and attract fresh buying interest.

Read Also: Aster (ASTER) Price Prediction 2025–2030: Will Aster Go

A Mix of Factors Behind the Drop

When you look at everything together, the 10% crash doesn’t come from a single reason—it’s a mix of several events:

• Expected sell pressure before the airdrop

• Concerns about the DEX data integrity

• Whale movements and market speculation

• Technical weakness below $1.74 support

These combined forces caused Aster’s price to fall just before the airdrop hype could lift it again.

What Traders Should Watch Next

The most important dates for Aster holders are:

• 10 October 2025: Airdrop claim window opens

• 14 October 2025: Airdropped tokens are distributed

Traders will be watching these days closely to see how the market reacts once people start receiving their tokens. If many users sell their rewards right away, prices might stay low or fall further. However, if excitement builds again, especially with rumours of a Binance listing, the market could recover quickly.

It’s also important to keep an eye on Aster’s communication channels for updates about the DEX metrics issue and any official statements about listings or partnerships.

Conclusion

Aster’s 10% price crash before the Phase 2 airdrop might sound alarming, but it fits a common pattern in crypto markets. Many projects see short-term dips before distributing free tokens because traders anticipate profit-taking. 

Add in the concerns about data accuracy, whale behaviour, and technical pressure, and the drop becomes easier to understand.

As the airdrop unfolds, the big question is whether Aster can rebuild market trust and stabilise its price. For now, cautious optimism and close observation are the best strategies for traders and holders alike.

Follow Bitrue, if you’re interested in trading or learning more about these types of tokens, make sure to research carefully and only invest what you can afford to lose.

FAQ

When does the Aster Phase 2 airdrop start?

The claim period begins on 10 October 2025, and token distribution will take place on 14 October 2025.

Why did Aster’s price fall before the airdrop?

It fell mainly due to expected selling pressure, uncertainty about DEX data integrity, and whale trading activity before the event.

Is there a lock-up period for the airdropped tokens?

No. The Phase 2 tokens can be sold immediately after distribution, which increases short-term volatility.

Will Aster be listed on Binance soon?

There is no official confirmation yet. However, movements of Aster tokens into Binance wallets and market speculation have fuelled rumours.

What should investors do now?

Traders should watch how the price behaves after 14 October and look for updates from Aster’s official team. Patience and caution are key during volatile events like airdrops.