Massive Insider Unlocks Shake Markets: Over $84M in Tokens Set Free This Week
- $PYTH unlock dominates with $78M, influencing over 90% of total token releases
- PIXEL and XMW show mixed technical signals amid modest unlock-driven volatility
- KARRAT and HOOK face bearish pressure, risking further dips if key supports break
More than $84 million worth of crypto tokens are scheduled to be unlocked across several major projects between May 19 and 25. This upcoming surge of insider unlocks marks a pivotal moment for investors, as such events can influence both short-term market volatility and broader token liquidity.
Data from Tokenomist indicates that Pyth Network ($PYTH) alone accounts for more than 90% of the total unlock value next week, with over $78 million in its tokens scheduled for release. These significant insider unlocks often reflect shifts in investor strategy or align with foundational growth plans. Consequently, market participants are closely watching these developments for potential trading opportunities or cautionary signals
Breakdown of Next Week’s Key Token Unlocks
The highlight of the week is the Pyth Network ($PYTH), unlocking 12.76% of its circulating supply. This amounts to a staggering $78.21 million, vastly outp…
The post Massive Insider Unlocks Shake Markets: Over $84M in Tokens Set Free This Week appeared first on Coin Edition.
Read More
Massive Insider Unlocks Shake Markets: Over $84M in Tokens Set Free This Week
- $PYTH unlock dominates with $78M, influencing over 90% of total token releases
- PIXEL and XMW show mixed technical signals amid modest unlock-driven volatility
- KARRAT and HOOK face bearish pressure, risking further dips if key supports break
More than $84 million worth of crypto tokens are scheduled to be unlocked across several major projects between May 19 and 25. This upcoming surge of insider unlocks marks a pivotal moment for investors, as such events can influence both short-term market volatility and broader token liquidity.
Data from Tokenomist indicates that Pyth Network ($PYTH) alone accounts for more than 90% of the total unlock value next week, with over $78 million in its tokens scheduled for release. These significant insider unlocks often reflect shifts in investor strategy or align with foundational growth plans. Consequently, market participants are closely watching these developments for potential trading opportunities or cautionary signals
Breakdown of Next Week’s Key Token Unlocks
The highlight of the week is the Pyth Network ($PYTH), unlocking 12.76% of its circulating supply. This amounts to a staggering $78.21 million, vastly outp…
The post Massive Insider Unlocks Shake Markets: Over $84M in Tokens Set Free This Week appeared first on Coin Edition.
Read More