First, let's talk about this:
LAYER will unlock approximately $1.36 million worth of tokens today, equal to 12.9% of the circulating supply
Let's look at this update first, then compare it with the market action to see whether the market has priced it in.
Major coins:
$BTC 73,724.01 (-1.57%) | $ETH 2060.82 (-2.94%) | BNB 682.18 (-1.14%) | SOL 83.35 (-3.32%)
In a pullback—first, let's see whether support holds.
A few updates from today:
1. CYBER will unlock approximately $1.16 million worth of tokens on November 14, equal to 6.39% of the circulating supply
2. BB will unlock 29.93 million tokens today, equal to 2.24% of the circulating supply
The biggest gainers and losers:
Top gainers: INIT +44.66%, ONE +36.25%, ARIA +25.79%
Top decliners: ON -41.05%, JCT -36.43%, PIEVERSE -13.07%
Sentiment and fund flows:
Fear & Greed Index: 29 (Fear), down 3 from yesterday
$5.26 million liquidated across the market in the past hour, with long positions accounting for 33.3%
A couple of thoughts:
Keep an eye on fund flows: ETF flows and the long/short ratio among large holders are the two most noteworthy figures today.
Are you bullish or bearish today? Share your thoughts in the comments.
This may not be accurate, so don’t take it as advice.