The 'BIGGEST' $ARB unlocks of all time.
🚨5 DAYS LEFT🚨
Want to know what will happen after the unlocks?
In this post, we will analyze the biggest cliff unlocks of @arbitrum.
Will it be Bullish or Bearish?
Let's delve deeper, You won't want to miss this !
Let's start with 7 facts about this event
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1. This event is set to unlock 1.1 b tokens (76.62% of the cir supply) for the team and investors.
2. This event will unlock 1/4 of the vested tokens for the team & investors.
3. The current market cap is ~$3.12 b, and it would be ~$5.5 b if prices remain unchanged. (Data as of Mar 9, 24)
4. A market cap of $5.5 b would place $ARB at #24 in coin market cap among all tokens. (Currently at #48)
5. As of March 4th, there are ~930k addresses holding $ARB.
6. The top 100 holders possess ~83% of the circulating supply.
7. With the first unlocks for Team & Investors, we will see what they will do with the token.
Is this going to be Bullish or Bearish?
Bullish factors🐂
- Partnerships: @arbitrum has secured partnerships with renowned companies like RobinhoodApp, Chainlink, GMX_IO, and others.
- Community Strength: The Arbitrum community is robust and engaged.
- Investor Backing: Major investors such as Pantera Capital, Coinbase Ventures, Polychain Capital, Compound VC, and more have shown confidence in @arbitrum.
A strong token community is crucial as it builds trust and can positively impact token prices. Therefore, the significance of partners and investors acquired by Arbitrum cannot be understated. These partnerships and investments reflect positively on the vision of the founder and the team.
Bearish factors🐻
- Largest unlocks: This event marks the largest unlock event in $ARB's history.
- Team & Investors: @arbitrum raised a seed round in mid-2019, which was around 4 years ago.
- Market cap: Based on facts no. 3 and 4, if the price remains stable post-event, rise $ARB ference to facts no. 5 and 6, the top 100 holders possess 83.44%, while the top 10 cluster holders (excluding CEX) own 21.1%.
Only 1/4 of the total vesting for team & investors will unlock initially. Even if they sell all of this portion, it doesn't mean they don't trust the project because they still have another 75% vesting and monthly unlocks as cliff along 3 years until 2027.
83% of cir supply is held by only 100 wallets, giving them the power to influence the market significantly through their actions. Any decision they make to sell their tokens could lead to a substantial price fluctuation.
This information is based on our research. Please conduct your own analysis and make informed decisions accordingly.
Last but not least, if you want to track @arbitrum Team & Investor, TokenUnlocks can assist you.
Tracking them is easier when they claim, how many tokens, which address claimed, and where the money will go with the "claimed" feature on TokenUnlocks.
thank you for reading.
