Ethena plans to unlock 171.88 million tokens valued at approximately 49.52 million USD, which is about 3.10% of its circulating supply. This could lead to significant price volatility as liquidity increases.
Movement is set to unlock 50 million tokens, valued around 8.45 million USD, contributing a 2% increase to its circulating supply. Such unlocks can cause price fluctuations, especially if traders decide to sell their holdings.
The cryptocurrency market is currently trending sideways as investors await potential resolutions regarding US-China tensions. This uncertainty impacts risk sentiment, particularly for assets like Bitcoin.
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