The amount of 1.1M $ARB tokens has been released?
Sorry, I should have posted this sooner. In the past few days, ARB has had a fairly strong adjustment (about 28%), so have the tokens unlocked on March 16 been released or not?
In my opinion, not yet. The force of the release in the past few days is just a market adjustment when $BTC decreased and comes from the retailer's worry when such a large number of tokens are unlocked. Although about 34M Arb (58M$) was transferred to exchanges, this is only a very small amount.
Normally, if funds and developers want to release tokens, there will be two ways: 1 is to take advantage of the market adjustment and dump them immediately, 2 is to push the price when the market increases and release slowly, then new fish continuously swim in to buy dip and conveniently make liquidity. Personally, with the team's large amount of Arb tokens and the funds received, method 2 is more optimal.
→ Currently, a large amount of Arb is in the hands of the team and funds. If you want to push the price, it is not difficult. I don't know if unlocking a large amount of tokens at the same time is a pre-calculation of the Arb k team, but I see this as an opportunity. I have collected more Arb in area 1.65 and will continue to collect if it reaches 1.4-1.2.
This is a personal opinion, you should only refer to it to make accurate investment decisions.
