$ARB Today's distribution event will allocate a staggering 438 million ARB tokens to early investors, not to mention additional allocations for the team and advisors. This translates to an ominous total of $832,200,000, assuming all tokens are liquidated simultaneously—a scenario as bleak as it is implausible, with the token's value unlikely to remain at $1.9.
Should this vast sum of $832 million be disbursed over the course of a month, ahead of the ensuing monthly releases set to span the next three years starting April 16, we are looking at a daily outflow of $27,740,000. This relentless release is set against a dreary backdrop where even the most liquid market for ARB, Binance, shows a fragile 2% market depth hovering around a mere $1,670,469. Such a precarious balance suggests that a market sell order of merely $1.7 million could precipitate a 2% fall in ARB's value.
Envision the grim scenario where the market is tasked with absorbing an influx of $27,740,000 daily, all while endeavoring to maintain ARB's price at $1.9. The outlook is decidedly bearish, painting a gloomy picture for ARB's stability in such turbulent waters.