#HAEDALU
It’s risen by more than 0.003, so it should be fine.
But the issue now is that tomorrow is the investors’ final token unlock. And unlike the previous unlocks, this one comes after the price has risen.
The investors’ final tranche is 11.54 million tokens, and the team will unlock 8 million at the same time, together accounting for about 3.6% of the circulating supply.
The leverage limit has also been lowered, and the funding rate is currently negative.
The only explanation now is that someone is opening short positions against the uptrend, betting that the price will fall after the unlock. The more short positions there are, the more fuel there is for a short squeeze upward.
You can ride a small rally, but with the unlock tomorrow, it’s definitely a short.
It’s risen by more than 0.003, so it should be fine.
But the issue now is that tomorrow is the investors’ final token unlock. And unlike the previous unlocks, this one comes after the price has risen.
The investors’ final tranche is 11.54 million tokens, and the team will unlock 8 million at the same time, together accounting for about 3.6% of the circulating supply.
The leverage limit has also been lowered, and the funding rate is currently negative.
The only explanation now is that someone is opening short positions against the uptrend, betting that the price will fall after the unlock. The more short positions there are, the more fuel there is for a short squeeze upward.
You can ride a small rally, but with the unlock tomorrow, it’s definitely a short.