This week, the unlocking scale and value of The Sandbox, Arbitrum and Aptos were large, corresponding to unlocking values of approximately US$52 million, US$51 million and US$66 million, respectively, which may have a certain impact on market liquidity and prices.
JinseFinanceThis week, there are large unlocking of tokens including APT, CRV, SAND, CYBER, STRK, RENDER, etc.
JinseFinanceWintermute's strategic accumulation of ARB tokens ahead of the unlock indicates a potential profit-seeking move amidst market fluctuations.
SanyaIt 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.
EdmundDespite 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.
Xu LinJinseFinanceWhile some exchanges are keen on embracing crypto and crypto products, others have indicated a more ambivalent outlook
ClementThe unlock, scheduled for mid February, will release 12% of the token’s supply.
OthersOver 25 million APE tokens will be released to launch contributors, representing nearly 8% of the circulating supply.
CoindeskTraders have raised bids on the decentralized exchange token DYDX, arguing that it will benefit from China's decision to classify all crypto trading as "illegal."
Cointelegraph