Token $BR was unlocked on October 20th. The founding team held approximately 4.92 million tokens, equivalent to about $2.06 million.
Spot trading volume was approximately $12.53 million in one day, with the unlocked amount accounting for one-sixth.
The price was still rising in the two days before the unlock, increasing by 6% to 9% in 24 hours.
The unlock only brings in the allocated tokens; the real signal to sell is when the tokens are actually being transferred to exchanges. Don't add to your position before the unlock is finalized.
$BNB is holding steady at around $720, which is reassuring.
#SellingPressure
Spot trading volume was approximately $12.53 million in one day, with the unlocked amount accounting for one-sixth.
The price was still rising in the two days before the unlock, increasing by 6% to 9% in 24 hours.
The unlock only brings in the allocated tokens; the real signal to sell is when the tokens are actually being transferred to exchanges. Don't add to your position before the unlock is finalized.
$BNB is holding steady at around $720, which is reassuring.
#SellingPressure