$AVAX October 25: 0.38% of the circulating supply (about $14.8 million) unlocks today.
To assess the impact of an unlock, focus on three things:
1) Size: The percentage is relatively small, so the impact should be limited;
2) Who’s receiving it: This time, it’s the foundation. Generally, teams and early investors have lower cost bases and are more inclined to cash out, while ecosystem-related unlocks tend to be more distributed;
3) Market absorption: An unlock ≠ an immediate sell-off of everything. It also depends on whether the market can absorb the supply.
What kind of signal are you waiting for before making a move?
To assess the impact of an unlock, focus on three things:
1) Size: The percentage is relatively small, so the impact should be limited;
2) Who’s receiving it: This time, it’s the foundation. Generally, teams and early investors have lower cost bases and are more inclined to cash out, while ecosystem-related unlocks tend to be more distributed;
3) Market absorption: An unlock ≠ an immediate sell-off of everything. It also depends on whether the market can absorb the supply.
What kind of signal are you waiting for before making a move?