$RE October 18: Unlocking 4.44% of the circulating supply (approximately $2.99 million).
To assess the impact of the unlock, focus on three things:
1) Scale: medium-sized;
2) Recipients: this time, it’s the ecosystem community. In general, team members and early investors have a lower cost basis and are often more motivated to cash out, while ecosystem-related releases tend to be more distributed;
3) Market absorption: an unlock ≠ an immediate sell-off of the entire amount. It also depends on whether the market can absorb it.
Are you bullish or bearish from here?
#RE
To assess the impact of the unlock, focus on three things:
1) Scale: medium-sized;
2) Recipients: this time, it’s the ecosystem community. In general, team members and early investors have a lower cost basis and are often more motivated to cash out, while ecosystem-related releases tend to be more distributed;
3) Market absorption: an unlock ≠ an immediate sell-off of the entire amount. It also depends on whether the market can absorb it.
Are you bullish or bearish from here?
#RE