Many people have a big question mark about the unlocking of PYTH. Why did such a large amount of unlocking still increase the price?
The most fundamental problem is that the project party secretly modified the unlocking date. The tokens originally announced to be unlocked on May 20 were advanced to May 19, which means that the 20% drop on May 19 was caused by the early cliff unlocking.
In summary, this project party is very stupid. With such a large amount of unlocking, the project party actually used such a despicable means to do something in the market. Those who shorted at the right time should all lose money.
