$MOVE 10月9日 Unlocking 3.66% of the circulating supply (about US$1.44 million), today.
To assess the impact of the unlock, focus mainly on three points:
1) Scale: medium-sized;
2) Who receives it: this time it’s early investors, the ecosystem community, and the team; generally speaking, the team and early investors have low cost basis and tend to have stronger incentive to cash out, while ecosystem-related releases are usually more dispersed;
3) Absorption: unlock ≠ immediate full selling; it also depends on whether the market can absorb it.
Will the market shift next?
#MOVE
This is for record-keeping and sharing only, not investment advice.
To assess the impact of the unlock, focus mainly on three points:
1) Scale: medium-sized;
2) Who receives it: this time it’s early investors, the ecosystem community, and the team; generally speaking, the team and early investors have low cost basis and tend to have stronger incentive to cash out, while ecosystem-related releases are usually more dispersed;
3) Absorption: unlock ≠ immediate full selling; it also depends on whether the market can absorb it.
Will the market shift next?
#MOVE
This is for record-keeping and sharing only, not investment advice.