$STRK November 14 unlocks 2.98% of the circulating supply (about $8.5 million).
To assess the impact of the unlock, focus on three points:
1) Size: medium-sized;
2) Recipients: this time, it’s the team and early investors. Generally, teams and early investors have low cost bases and are more willing to cash out, while ecosystem-related releases are relatively more dispersed;
3) Absorption: unlocking ≠ immediately selling everything. It also depends on whether the market can absorb it.
Are you bullish or bearish in the short term?
#STRK
Stay calm and don’t get carried away.
To assess the impact of the unlock, focus on three points:
1) Size: medium-sized;
2) Recipients: this time, it’s the team and early investors. Generally, teams and early investors have low cost bases and are more willing to cash out, while ecosystem-related releases are relatively more dispersed;
3) Absorption: unlocking ≠ immediately selling everything. It also depends on whether the market can absorb it.
Are you bullish or bearish in the short term?
#STRK
Stay calm and don’t get carried away.
