# Team Sell-off Related Articles

Celestia team to sell $2.03M TIA in July: Will THIS absorb the bearish pressure?

The Celestia (TIA) team is scheduled to sell approximately $2.03 million worth of TIA throughout July, adding structural selling pressure to a token already facing market-wide declines. Data shows daily sales of around $67,000 for most of the month. However, analysis suggests potential for buyer absorption of this pressure. June's spot market activity showed $106.68 million in total purchases with a positive netflow. Furthermore, the positive Open-Interest Weighted Funding Rate indicates a bullish lean among perpetual traders, though positioning remains measured. A liquidity heatmap suggests deeper order clusters are above the current price, hinting at room for a rally, though current downward momentum poses a risk. The summary suggests spot demand and derivative positioning could counterbalance the team's sales.

ambcrypto6h ago