đ§ SpaceX Share Unlock Could Test Market Sentiment
A major share unlock is scheduled for August, with a large number of previously restricted shares becoming eligible for trading. Additional unlocks are expected in the following months, increasing the total tradable share supply by year-end.
Many insiders received shares at significantly lower prices than the current market value, meaning a large portion of holders are sitting on substantial unrealized gains. Whether they decide to hold or sell could influence short-term price action.
The gradual release of shares resembles the token unlock schedules often seen in the crypto market, where increased circulating supply can create selling pressure if demand doesn't keep pace.
For investors and traders, the key question remains: Will insiders hold their positions, or will profit-taking increase selling pressure?
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