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Aster CEO responds to "token holding concentration": most of them are airdrops or platform user deposits, not the highly controlled by the team as rumored.

Aster CEO responds to "token holding concentration": most of them are airdrops or platform user deposits, not the highly controlled by the team as rumored.

2025-09-29 14:11

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ChainThink message, on September 29, Leonard, CEO of Aster, in an interview with Mable, founder of the social protocol Trends, responded to the question: "According to on-chain data, a few addresses hold 96% of the total ASTER, what's the situation of these addresses?"


"I have also seen some tweets from the community mentioning this issue. In fact, we cannot control all the tokens in these wallets. According to our tokenomics, about 80% of the tokens are locked on-chain, and everyone can monitor them. The addresses holding airdrop tokens on-chain account for about 40% of the total. Other top addresses include Aster's spot deposit addresses, where holders store their tokens on platform addresses, possibly to sell them at any time, as the token price has risen significantly."


Disclaimer: Contains third-party opinions, does not constitute financial advice

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