Unpacking the $70M Token Unlock: Strategies for the Crypto Market
This week, we collectively brace ourselves for a hefty $70 million in previously locked tokens hitting the market. This influx is expected to bring a wave of volatility that could impact liquidity and prices across the board. So, how do we manage our sails in such choppy waters?
The Mechanics of Token Unlocks
Token unlocks happen when tokens that were previously off-limits are released to the market. For traders and investors, this means more supply, which can often lead to downward price movement. Understanding the timing and scale of these unlocks is crucial for anyone trying to navigate the market effectively.
Why Token Unlocks Matter
Historically, token unlocks have been a double-edged sword. On one hand, they can provide liquidity,…
