Tracking fund flows:
$MOVE has a token unlock worth approximately $1.5 million tomorrow (October 9), representing 3.66% of the circulating supply. The tokens are allocated to early investors, the ecosystem community, and the team.
Watch for two things: whether the relevant addresses transfer tokens to exchanges, and whether short positions in the futures market increase ahead of time. An unlock doesn’t necessarily mean a sell-off; actual selling pressure depends on on-chain activity.
Do you hold any of these tokens?
Just my personal opinion; not financial advice.
$MOVE has a token unlock worth approximately $1.5 million tomorrow (October 9), representing 3.66% of the circulating supply. The tokens are allocated to early investors, the ecosystem community, and the team.
Watch for two things: whether the relevant addresses transfer tokens to exchanges, and whether short positions in the futures market increase ahead of time. An unlock doesn’t necessarily mean a sell-off; actual selling pressure depends on on-chain activity.
Do you hold any of these tokens?
Just my personal opinion; not financial advice.