According to Lookonchain, DWF Labs withdrew 25.77 million ASTR tokens (valued at approximately $802,000) to their on-chain staking wallet just one hour ago (source: Lookonchain via Twitter, May 22, 2025). This significant movement of Astar tokens to a staking wallet suggests a strategic intent to lock up assets rather than sell, which could indicate positive sentiment and potential supply reduction in the circulating market. Traders should monitor ASTR price action and on-chain data for potential upward momentum and reduced short-term selling pressure, as large-scale staking events often signal bullish commitment from institutional players.