80 MILLION $REZ unlock today.
And the recipient category matters.**
Renzo’s September 28 vesting event releases:
80,000,000 REZ
equal to approximately:
0.8% of total supply
and around:
1.5% of current market cap.
According to the vesting schedule:
100% goes to insiders.
That doesn’t automatically mean selling.
Remember:
unlock ≠ transfer
transfer ≠ exchange deposit
exchange deposit ≠ confirmed sale.
But insider-directed unlocks are worth monitoring on-chain.
PENDLE also has a scheduled release today, although its estimated market-cap impact is much smaller at roughly 0.2%.
And the recipient category matters.**
Renzo’s September 28 vesting event releases:
80,000,000 REZ
equal to approximately:
0.8% of total supply
and around:
1.5% of current market cap.
According to the vesting schedule:
100% goes to insiders.
That doesn’t automatically mean selling.
Remember:
unlock ≠ transfer
transfer ≠ exchange deposit
exchange deposit ≠ confirmed sale.
But insider-directed unlocks are worth monitoring on-chain.
PENDLE also has a scheduled release today, although its estimated market-cap impact is much smaller at roughly 0.2%.