First, the news:
LAYER will unlock about $1.35 million worth of tokens today, equal to 12.9% of the circulating supply
Read this first, then compare it with the market action to see whether the news has been priced in.
Major coins:
$BTC 73,824 (-1.31%)|$ETH 2066.13 (-2.59%)|BNB 684.12 (-0.71%)|SOL 83.65 (-2.88%)
In a pullback; first, watch whether support holds.
Biggest gainers and losers:
Top gainers: INIT +59.37%, ONE +27.02%, ARIA +24.98%
Top losers: ON -40.49%, JCT -30.1%, PIEVERSE -13.15%
Sentiment and flows:
Fear & Greed Index at 29 (Fear), down 3 from yesterday
$2.11 million in liquidations across the market over the past hour, with long positions accounting for 75%
A few updates for today:
1. CYBER will unlock approximately $1.16 million worth of tokens on November 14, representing 6.39% of the circulating supply
2. LlamaRisk proposed narrowing the scope of collateral assets for Aave V3 Core, affecting $1.33 billion in collateral
My take:
The key today is whether sentiment data and capital flows can move in sync.
Which update are you most focused on today?