$AKE Update: Gate Sweeps 225M Tokens ($1.93M) to Cold Storage
Following yesterday's massive protocol unlock, Gate just locked away significant liquid supply:
The Massive Vault Sweep (28m ago): Gate pulled 225.096M $AKE ($1.93M) directly out of its hot wallet into Cold Storage at $0.00857.
The Unlock Absorption (1d ago): 2.19B $AKE unlocked at $0.0083, raising fears of heavy dilution.
Float Reduction: Removing nearly a quarter-billion tokens from active order books dries up liquid exchange float.
Losing $0.00860 flips that level into immediate overhead resistance.
#AKE
Following yesterday's massive protocol unlock, Gate just locked away significant liquid supply:
The Massive Vault Sweep (28m ago): Gate pulled 225.096M $AKE ($1.93M) directly out of its hot wallet into Cold Storage at $0.00857.
The Unlock Absorption (1d ago): 2.19B $AKE unlocked at $0.0083, raising fears of heavy dilution.
Float Reduction: Removing nearly a quarter-billion tokens from active order books dries up liquid exchange float.
Losing $0.00860 flips that level into immediate overhead resistance.
#AKE