๐ $AKE
is over 90% below its peak, and the unlocks aren't finished ๐
๐ The collapse accelerated after the major exchange hack, when traders dumped small altcoins and leveraged positions got liquidated (CoinMarketCap, Interactive Crypto)
๐ About 2.1B AKE unlocks around the 21st of every month, with the next one on Nov 21. About 34 unlocks and roughly half the supply are still to come (Tokenomics)
๐ One on-chain read says the top 100 wallets hold the vast majority of supply, which adds manipulation risk (KuCoin Square, unverified)
๐ฉธ Thin liquidity plus steady unlocks means every bounce faces fresh supply. A drop this deep can look oversold and still keep falling. โ ๏ธ
๐ฏ Dead-cat bounce or deeper washout? ๐
Follow for more โก
#USOctoberNFP-AreRateCutsStillPossible #TRUMPFalls18.1%In24HoursToRecordLow #BTCRebounds80K
is over 90% below its peak, and the unlocks aren't finished ๐
๐ The collapse accelerated after the major exchange hack, when traders dumped small altcoins and leveraged positions got liquidated (CoinMarketCap, Interactive Crypto)
๐ About 2.1B AKE unlocks around the 21st of every month, with the next one on Nov 21. About 34 unlocks and roughly half the supply are still to come (Tokenomics)
๐ One on-chain read says the top 100 wallets hold the vast majority of supply, which adds manipulation risk (KuCoin Square, unverified)
๐ฉธ Thin liquidity plus steady unlocks means every bounce faces fresh supply. A drop this deep can look oversold and still keep falling. โ ๏ธ
๐ฏ Dead-cat bounce or deeper washout? ๐
Follow for more โก
#USOctoberNFP-AreRateCutsStillPossible #TRUMPFalls18.1%In24HoursToRecordLow #BTCRebounds80K
