๐ Arbitrum (ARB) drops 3.9% as 92.65M tokens unlock today
ARB is feeling the supply squeeze โ 92.65 million tokens worth ~$7.2M became eligible to trade on Aug. 16, around 1.61% of circulating supply, and the coin shed ~3.9% in the lead-up. More unlocks are queued: ZRO has 25.71M tokens (7% of supply) unlocking Aug. 20, and YZY just released 22.83% of its supply worth ~$35.8M. Are token unlock schedules the most underrated risk in altcoin investing? Not financial advice.
โก 37 buzzing
263 views
๐ 0 subscribed