$CARV October 10: 1.47% of the circulating supply (about $413,000) unlocks tomorrow.
To assess the impact of an unlock, focus on three things:
1) Size: The share is relatively small, so the impact should be limited;
2) Recipients: This time, it’s the ecosystem community. In general, team members and early investors have a low cost basis and are more inclined to realize gains, while ecosystem-related tokens tend to be released more gradually;
3) Absorption: An unlock ≠ an immediate sell-off of all the tokens. It also depends on whether the market can absorb them.
Are you leaning bullish or bearish?
#CARV
Don’t treat this as a buy or sell signal.
To assess the impact of an unlock, focus on three things:
1) Size: The share is relatively small, so the impact should be limited;
2) Recipients: This time, it’s the ecosystem community. In general, team members and early investors have a low cost basis and are more inclined to realize gains, while ecosystem-related tokens tend to be released more gradually;
3) Absorption: An unlock ≠ an immediate sell-off of all the tokens. It also depends on whether the market can absorb them.
Are you leaning bullish or bearish?
#CARV
Don’t treat this as a buy or sell signal.