Wintermute Acquires $36M Worth of ARB Ahead of Major Token Unlock
Wintermute's strategic accumulation of ARB tokens ahead of the unlock indicates a potential profit-seeking move amidst market fluctuations.
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Wintermute's strategic accumulation of ARB tokens ahead of the unlock indicates a potential profit-seeking move amidst market fluctuations.
It seems ApeCoin (APE) had a recent surge in price after a bearish trend, but there's apprehension about an impending token unlock that might impact its trajectory. Despite a rebound and current trading at $1.38 with a market cap over $507 million, the release of 15.6 million tokens, valued at $22 million, raises concerns for investors. Historically, APE has seen price drops post-unlocks, adding uncertainty. Market data shows declining floor prices in Bored Ape Yacht Club (BAYC), possibly indicating similar trends for APE. While some indicators suggest a positive outlook with decreased supply on exchanges and positive money flow trends, caution prevails amid the uncertainty around the unlock's impact on APE's performance.
Despite a mixed analysis of market indicators and the potential for a bullish pattern, the impending complete token unlock stands as a crucial factor influencing INJ's trajectory. While social metrics lean towards positive sentiment, market indicators depict a cautious outlook, signaling a potential price decline or consolidation in the short term. Investors are advised to closely monitor market developments around the unlocking event for a clearer perspective on INJ's future price movement.
Ripple's $611.42 million token unlock stabilizes XRP at $0.61. Low volatility with oversold indicators suggests a potential rise to $0.65, but market stability and short-selling leanings affect XRP's future.
TOKEN2049
Buka kunci, dijadwalkan pada pertengahan Februari, akan melepaskan 12% dari pasokan token.
Lebih dari 25 juta token APE akan dirilis untuk meluncurkan kontributor, mewakili hampir 8% dari pasokan yang beredar.
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