$MOVE 10 Unlocking 3.66% of the circulating supply (about $1.5 million) tomorrow, October 9.
To understand the impact of the unlock, focus on three things:
1) Size: medium-sized;
2) Recipients: This unlock is for early investors, the ecosystem community, and the team. Generally, team members and early investors have a lower cost basis and are more likely to take profits, while ecosystem-related releases tend to be more distributed;
3) Absorption: An unlock ≠ an immediate sell-off of the entire amount. It also depends on whether the market can absorb it.
How do you interpret these figures?
#MOVE
Just my personal opinion; not investment advice.
To understand the impact of the unlock, focus on three things:
1) Size: medium-sized;
2) Recipients: This unlock is for early investors, the ecosystem community, and the team. Generally, team members and early investors have a lower cost basis and are more likely to take profits, while ecosystem-related releases tend to be more distributed;
3) Absorption: An unlock ≠ an immediate sell-off of the entire amount. It also depends on whether the market can absorb it.
How do you interpret these figures?
#MOVE
Just my personal opinion; not investment advice.