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Showing posts with the label unlock

Beware: Cryptocurrencies to unlock $300 million supply this week

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Twelve cryptocurrencies will unlock nearly $300 million in previously non-circulating supply this week, raising concerns as sales could intensify. Among these unlocks, three projects alone will release over $220 million, to which traders and investors should give special attention. The cryptocurrency investing game has changed in the past few years, highly weighted toward venture capitalists (VCs) and vesting contracts. With that, scheduled token unlocks gained increased importance in this market’s dynamics as they can directly pressure prices downwards. In the next seven days, twelve cryptocurrencies will unlock $291.59 million, of which 75% will come from three projects. Finbold retrieved this data on September 29 from the TokenUnlocksApp platform, actively monitoring scheduled and linear unlocks. Picks for you Bitcoin at risk as i...

Ripple dumps 240M XRP from March unlock; What’s next?

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Ripple is a known institution that controls a significant amount of XRP’s token supply and regularly sells hundreds of millions of tokens on a monthly basis. In particular, Ripple unlock ed 1 billion tokens in March and reserved 200 million of these new tokens to sell. The company locked the remaining 800 million in new escrow contracts for July and August 2027. However, the institution had already sold all 200 million plus 40 million XRP of its previous reserve by March 13. This is a huge and unusual sell-off in less than 15 days, which raises concerns and questions. Picks for you 3 cryptocurrencies to avoid trading next week 3 hours ago Massive sell-off alert: Arbitrum to unlock $2 billion worth of ARB 4 hours ago Cryptocurrencies under $1 to buy next week 4 hours ago This Cardano competitor is ‘waking up,’ threatens bullish breakout at $80  6 hours ago The first sell-off happened on March 5, four days after Ripple’s treasury account (Ripple...