When I trade BABY in the short term, the big sell wall at level 1 worries me less. At least it is visible. What concerns me more is the supply still sitting in the unstaking queue. Those coins may only be a dozen or so Bitcoin blocks away from becoming transferable again.
On the surface, the order book can look calm and balanced. But behind that calm, a large batch of tokens may already be moving toward the market. When I see support like this, I would rather trade with smaller size than trust the bids and asks I can see right in front of me.
Babylon’s process is simple in theory: unstaking requests wait until the end of the current epoch, then the status gets written to Bitcoin. After that, BABY needs around 300 Bitcoin blocks of confirmation before transfers can resume. The official estimate is roughly 50 hours.
But that only tells us how long the wait is, not what happens when the tokens come back. Requests that are at a similar stage in the same epoch can become transferable at around the same time, so I do not think this supply will be released slowly and evenly over two days.
What matters most is not just how much is unstaking, but how much of it will actually hit exchanges, and how much real buy demand sits below the current price.
For me, the key question is simple: when each batch comes back, how much gets re-staked instead of sold?
#baby $BABY @BabylonLabs_io
On the surface, the order book can look calm and balanced. But behind that calm, a large batch of tokens may already be moving toward the market. When I see support like this, I would rather trade with smaller size than trust the bids and asks I can see right in front of me.
Babylon’s process is simple in theory: unstaking requests wait until the end of the current epoch, then the status gets written to Bitcoin. After that, BABY needs around 300 Bitcoin blocks of confirmation before transfers can resume. The official estimate is roughly 50 hours.
But that only tells us how long the wait is, not what happens when the tokens come back. Requests that are at a similar stage in the same epoch can become transferable at around the same time, so I do not think this supply will be released slowly and evenly over two days.
What matters most is not just how much is unstaking, but how much of it will actually hit exchanges, and how much real buy demand sits below the current price.
For me, the key question is simple: when each batch comes back, how much gets re-staked instead of sold?
#baby $BABY @BabylonLabs_io