$STRK Unlocking 2.92% of the circulating supply (approximately $8.44 million) on November 14—today.
To assess the impact of the unlock, focus on three things:
1) Size: medium-sized;
2) Recipients: this time, the team and early investors. Generally, teams and early investors have a lower cost basis and are more likely to cash out, while ecosystem-related releases tend to be more distributed;
3) Absorption: an unlock ≠ everything being sold immediately. It also depends on whether the market can absorb the supply.
How would you sum up your current view in one sentence?
#STRK
To assess the impact of the unlock, focus on three things:
1) Size: medium-sized;
2) Recipients: this time, the team and early investors. Generally, teams and early investors have a lower cost basis and are more likely to cash out, while ecosystem-related releases tend to be more distributed;
3) Absorption: an unlock ≠ everything being sold immediately. It also depends on whether the market can absorb the supply.
How would you sum up your current view in one sentence?
#STRK