I was just talking with a friend about this: Stacks Labs releases its Q3 ecosystem report: Bitcoin staking goes live on mainnet, with around 735 BTC locked across the two phases.
My friend asked what I thought. I told him: when that many tokens are being distributed, I’d also wonder whether it could create extra selling pressure.
I’ll keep an eye on news like this and check back later to see if the price actually follows.
There’s nothing wrong with waiting until you’ve made up your mind before acting.
$BTC Let’s wait and see. What was the first thing that came to mind when you saw this?
Just sharing—not investment advice.
My friend asked what I thought. I told him: when that many tokens are being distributed, I’d also wonder whether it could create extra selling pressure.
I’ll keep an eye on news like this and check back later to see if the price actually follows.
There’s nothing wrong with waiting until you’ve made up your mind before acting.
$BTC Let’s wait and see. What was the first thing that came to mind when you saw this?
Just sharing—not investment advice.