I was asked: How should we think about a token unlock?
My usual answer is: Around the time of an unlock, you can often observe on-chain records showing large amounts of tokens moving from project-related addresses to exchanges. These records can be one point of reference. Markets often react in advance to known unlock information, so it’s uncertain how the price will move on the day of the unlock—it shouldn’t simply be viewed as bearish.
$ARB 0.1631 (+0.68%)
What do you think? Join the discussion in the comments.
#ARB
My usual answer is: Around the time of an unlock, you can often observe on-chain records showing large amounts of tokens moving from project-related addresses to exchanges. These records can be one point of reference. Markets often react in advance to known unlock information, so it’s uncertain how the price will move on the day of the unlock—it shouldn’t simply be viewed as bearish.
$ARB 0.1631 (+0.68%)
What do you think? Join the discussion in the comments.
#ARB