An “unlocking feast” is about to take place, and market sentiment will face a big test!
The following is an overview of unlocking arrangements and impacts:
1. Avalanche (AVAX)
Unlock time: 8am on November 18th
Amount unlocked: 1.67 million (valued at $61.3 million)
Proportion: 0.41% of the circulating supply. Although the proportion is not high, the amount of funds should not be underestimated and is enough to cause market shock.
2. Oasis（ROSE）
Unlocking time: 0:00 a.m. on November 19th
Amount unlocked: 176 million (valued at $14.6 million)
The timing of the operation is precise, and the "midnight surprise" may affect night market fluctuations.
3. Cardano (ADA)
Unlock time: 8 a.m. on November 21st
Amount unlocked: 18.53 million coins (valued at US$13.4 million), accounting for 0.05% of the circulating supply. The timely release has given the market more expectations.
4. Pixels（PIXEL）
Unlock time: November 19th at 6pm
Unlocked amount: 54.37 million coins (valued at US$11.4 million) accounting for 7.05% of the circulating supply. A high proportion of unlocked coins may bring significant selling pressure.
5. SPACE ID (ID) and Ethena (ENA)
Unlocking time: ID on November 22nd, ENA at 8 a.m. on November 21st
Although the scale is smaller, the market may still face short-term selling pressure.
6. Eigenlayer（EIGEN）
Unlock time: 3am on November 20th
Amount unlocked: 1.29 million (valued at US$3.2 million) Although the scale is small, "late night raids" may disrupt the market rhythm.
Unlocking is usually accompanied by the risk of selling pressure, which may cause short-term negative effects on prices.
At this time, investors need to clarify their strategies:
1. Buying the dip? If you are optimistic about the long-term potential, you can wait patiently for the price to stabilize before buying low.
2. Or hedging? If increased capital liquidity brings a wave of selling, you need to be alert to the risk of asset damage.
With the current tide of unlocking, it’s better to be cautious!
