CoinFeed
Aster CEO responds to "concentrated token holdings": Most are airdrops or platform user deposits - CoinFeed
Time 06:33

Aster CEO responds to "concentrated token holdings": Most are airdrops or platform user deposits

September 29, 2025
CoinFeed News

Aster CEO Leonard was interviewed by Mable, founder of the social protocol Trends, and addressed the issue of on-chain data suggesting that a small number of addresses hold 96% of ASTER. Leonard stated that his team cannot control all tokens in these wallets. Based on token economics, approximately 80% of tokens are locked on-chain and can be monitored. Addresses holding airdropped tokens account for approximately 40% of the total. Other top addresses also include Aster's spot deposit addresses. Token holders may be storing tokens in platform addresses with the intention of selling them at any time, given the significant price increase.

Back to News Feed