I saw some interesting statistics this morning. This concerns the token unlocking of all projects on the market. I think everyone understands that almost every second project on the market now has its own vesting (token unlocking for early investors).
So, the sum of all such unlocks is now on average 600 million dollars per week. And this means that every week more than half a billion dollars are pouring into the market. Question: Who is buying it?
Well, it also becomes clear why fresh tokens are being shed so much on a negative market. The pressure is extremely high, serious buy power is needed to hold these possible sales. A market revaluation is needed, hype is needed, a lot of fresh blood is needed.
This is one of the reasons why it is so difficult to launch a real bull now. In addition to unlocks, we also have Bitcoin mining + additional emission of Ethereum, and this is even more.
And finally, an important note: at the end of October (the last week of the month), almost $2 billion in tokens will enter the market. We hope that at that time the market will be euphoric and we will not particularly feel that pressure, because the amount is really very large and 3 times more than the average.
