From a token supply perspective:
$BB has approximately $299,000 worth of tokens unlocking today (October 12), representing 2.31% of the circulating supply. The tokens are allocated to early investors and the team.
Watch for two things: whether the relevant addresses transfer tokens to exchanges, and whether short positions in perpetual contracts increase ahead of time. An unlock does not necessarily mean a sale; actual selling pressure depends on on-chain activity.
Save this post, and let’s check back in a few days to see how things played out.
#BB
This is not investment advice. Invest at your own risk.
$BB has approximately $299,000 worth of tokens unlocking today (October 12), representing 2.31% of the circulating supply. The tokens are allocated to early investors and the team.
Watch for two things: whether the relevant addresses transfer tokens to exchanges, and whether short positions in perpetual contracts increase ahead of time. An unlock does not necessarily mean a sale; actual selling pressure depends on on-chain activity.
Save this post, and let’s check back in a few days to see how things played out.
#BB
This is not investment advice. Invest at your own risk.