The $DYDX yesterday had unlocks of $6.18 for trading rewards, $2.47 for liquidity provider rewards, and $5.36 for treasury rewards.
Rewards typically create selling pressure on the price. [If not being handled with counter strategies]
Overall, the real pressure from unlocks hasn't started yet. Since these unlocks are vested linearly, the real spikes in unlocks are expected by the end of 2023. At that time, investors, employees, and even [future employees]' tokens will start being Load-off on the market, leading to further price volatility. For now it's a Short Opportunity with a Invalidation above previous High spike.!
Tokens should be a means to an end, not the end itself. Over-reliance on rewards can overshadow the true utility and potential of a platform.
Rewards typically create selling pressure on the price. [If not being handled with counter strategies]
Overall, the real pressure from unlocks hasn't started yet. Since these unlocks are vested linearly, the real spikes in unlocks are expected by the end of 2023. At that time, investors, employees, and even [future employees]' tokens will start being Load-off on the market, leading to further price volatility. For now it's a Short Opportunity with a Invalidation above previous High spike.!
Tokens should be a means to an end, not the end itself. Over-reliance on rewards can overshadow the true utility and potential of a platform.
Alpha
The $DYDX yesterday had unlocks of $6.18 for trading rewards, $2.47 for liquidity provider rewards, and $5.36 for treasury rewards. Rewards typically create selling pressure on the price. [If not being handled with counter strategies] Overall, the real pressure…
7% of total Supply is reserved for [Future Employees & Consultants] based Team.
Alpha
Binance listings generally tend to perform well after the initial dump, as FOMO money jumps in and provides exit liquidity for others. The most recent listings, such as $EDU, $SUI, $PEPE, and $LQTY (check graph reference), are likely to follow this trend…
If you've been following, I have posted 2/3 brief analyses explaining why and how Binance listings generally perform well initially and then significant drops later on... [Wen Fomo Jumps In]
Alpha
The $DYDX yesterday had unlocks of $6.18 for trading rewards, $2.47 for liquidity provider rewards, and $5.36 for treasury rewards. Rewards typically create selling pressure on the price. [If not being handled with counter strategies] Overall, the real pressure…
$DYDX investors, Unlocks Starting by Dec/2023.
Probably Last (year end) dips before proper run, Sept is usually negative for crypto, with strong seasonality.
The $CYBER Community Treasury has just dumped $5.20 million worth of $CYBER tokens.
It's possible that $1.43 million was dumped by DWF Labs via the Gensos address (0x36f), which then went to Wintermute.
$1.43 million in $CYBER was sent to Wintermute OTC, and they subsequently deposited it into Binance.
It's possible that $1.43 million was dumped by DWF Labs via the Gensos address (0x36f), which then went to Wintermute.
$1.43 million in $CYBER was sent to Wintermute OTC, and they subsequently deposited it into Binance.
Alpha
DWF Labs (visualized)
1/3
The 1 million $CYBER tokens vested upon TGE.
700,000 ($5 million) have already been dumped during this pump. 300,000 are still left to be sold. (dyor a bit)
Treasury wallet.
The 1 million $CYBER tokens vested upon TGE.
700,000 ($5 million) have already been dumped during this pump. 300,000 are still left to be sold. (dyor a bit)
Treasury wallet.
0x360227bF3F27cdD493D6f90b20c1a4cB8f4E1898
Alpha
Probably Last (year end) dips before proper run, Sept is usually negative for crypto, with strong seasonality.
Sept Seasonality Playing out; ETF's approval [sell the news event], Approvals could be more bearish!
Alpha
Sept Seasonality Playing out; ETF's approval [sell the news event], Approvals could be more bearish!
Analysts coming with click bait ETF's approval probability started with 50%, now 75%.