📎 Primary Market | How to interpret token unlock events
· Key point: Once unlocked, tokens become available for trading, but that doesn’t mean they’ll all be sold immediately.
· Why: Markets often react in advance to known unlock information, so price movements on the unlock date are uncertain. Unlocks shouldn’t automatically be treated as bearish.
· Note: When estimating the scale of an unlock, dividing the number of tokens being unlocked by the current circulating supply is more informative than looking at the absolute number alone.
$ARB 0.1771（-6.15%）
· Key point: Once unlocked, tokens become available for trading, but that doesn’t mean they’ll all be sold immediately.
· Why: Markets often react in advance to known unlock information, so price movements on the unlock date are uncertain. Unlocks shouldn’t automatically be treated as bearish.
· Note: When estimating the scale of an unlock, dividing the number of tokens being unlocked by the current circulating supply is more informative than looking at the absolute number alone.
$ARB 0.1771（-6.15%）