ETH falls below 4300, ASTER pumps while alts all decline.

2025-09-22 03:34:15

The crypto market suddenly fell this morning, with a total liquidation of 600 million across the network, primarily involving ETH. The token ASTER, issued by the decentralized perpetual futures exchange Aster supported by YZi Labs, was opened for claims last Friday, which spurred a surge in related DEX native tokens like HYPE and AVNT, creating a wave of excitement over the weekend. However, this morning the enthusiasm has waned, and while the Japanese and Taiwanese stock markets continue to rise, the crypto market is showing a downward trend.

(OKX CEO names Hyperliquid's rise, Aster's emergence, warns that regulatory risks remain difficult to resolve)

A total of 600 million has been liquidated across the network, with ETH being the major asset.

The crypto market suddenly fell this morning, with the total market value dropping below the $4 trillion mark again. According to coinglass data, positions worth up to $630 million were liquidated within 24 hours, mainly in ETH.

ASTER leads the way, AVNT and HYPE have a blast this weekend.

The token ASTER, issued by the decentralized perpetual futures exchange Aster supported by YZi Labs, opened for claims last Friday and was listed on Binance Alpha. The price started from a low of $0.45 at opening and rose all the way to a weekend high of $1.9958, with an increase of up to 343%. By the time of publication, it has fallen back to $1.44.

Avantis (AVNT) has also risen from around 1 dollar to 2.6791, breaking its historical high. Avantis is the largest decentralized perpetual futures DEX on the Base chain under Coinbase. Hyperliquid also benefits from this wave of rise along with ASTER.

BNB rose in sync, reaching a historical high of 1,083 USD.

ETH falls below 4,300, the altcoin season index drops again

The altcoin season index, which barely reached the key level of 75 last week, has once again dropped back to 67.

ETH fell below 4,300 USD, with a 24-hour decline of over 4%. XRP, BNB, and SOL also saw declines of more than 3%. DOGE and HYPE were also down 8% in 24 hours.

However, the Japanese and Taiwanese stock markets have shown a rising pattern.

This article states that ETH fell below 4300, ASTER pumped and then retraced, while altcoins all fell. It first appeared on Chain News ABMedia.

ETH-0,66%

ASTER1,01%

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