Aster DEX rolls out Shield Mode on 15 December; whale losses top $35.8M

On 15 December, Aster DEX launched Shield Mode for perpetual traders, delivering up to 1001x leverage, instant execution and zero slippage. Despite the release, an ASTER whale sold 13.44 million tokens for $11.67 million, realizing a $1.37 million loss and pushing cumulative losses beyond $35.8 million. Selling pressure remains elevated.