BTW unlocks tomorrow. The funniest part isn’t the unlock itself—it’s that bullish take: “Top 20 wallets, zero outflows for two weeks = clean.”
Bro, the tokens haven’t even unlocked yet. What are the whales supposed to move out? Of course tokens they don’t have in hand aren’t moving. That’s like saying, “I haven’t gotten paid yet, so I haven’t wasted a cent in the past two weeks.” What a display of self-discipline.
Now look at the numbers. The same batch is about 101.6 million tokens: CryptoRank values it at $112 million, someone else says $114 million, and another account goes straight to $176 million. Estimates that differ by over $60 million, and they’re all bold enough to post “ALERT.” If they can’t even agree on the unlock’s value, do you trust them to calculate the selling pressure?
BTW already dropped 27% in a single day on October 30. Someone posted that OI was down 31.73%, and a wave of longs had already gotten out. What really matters is where these tokens go after tomorrow: onto exchanges, to market makers, or just sitting tight. Until then, the words “clean wallets” aren’t worth a thing.
By the way, MON tops CryptoRank’s unlock list this month, at $320 million. BTW is just this week’s appetizer.
#BTW #TokenUnlock
Bro, the tokens haven’t even unlocked yet. What are the whales supposed to move out? Of course tokens they don’t have in hand aren’t moving. That’s like saying, “I haven’t gotten paid yet, so I haven’t wasted a cent in the past two weeks.” What a display of self-discipline.
Now look at the numbers. The same batch is about 101.6 million tokens: CryptoRank values it at $112 million, someone else says $114 million, and another account goes straight to $176 million. Estimates that differ by over $60 million, and they’re all bold enough to post “ALERT.” If they can’t even agree on the unlock’s value, do you trust them to calculate the selling pressure?
BTW already dropped 27% in a single day on October 30. Someone posted that OI was down 31.73%, and a wave of longs had already gotten out. What really matters is where these tokens go after tomorrow: onto exchanges, to market makers, or just sitting tight. Until then, the words “clean wallets” aren’t worth a thing.
By the way, MON tops CryptoRank’s unlock list this month, at $320 million. BTW is just this week’s appetizer.
#BTW #TokenUnlock
