Key Takeaways
What’s happening with Celestia?
A $929K unlock on the 20th of October will distribute tokens mainly to long-term backers and contributors.
What’s the market sentiment now?
Spot accumulation rose $5.49 million while Funding Rates turned negative, showing cautious optimism amid fading bearish pressure.
The data availability segment of the crypto market continued to underperform. According to Artemis, tokens within this category lost an average of 42% over the past month.
On that note, Celestia [TIA] recorded a sharper decline, dropping 44% within the same period. However, traders may be quietly positioning for a rebound as TIA approaches its next token unlock.
TIA token unlock scheduled
Celestia will release new tokens into circulation on the 20th of October, according to data from DeFiLlama.
A token unlock represents a scheduled release of tokens, typically for development, investment, or contributor rewards.
The total unlock value is approximately $939,000, representing 0.012% of TIA’s total circulating supply.
Source: DeFiLlama
This particular unlock differs from previous ones, as most of the tokens will go toward rewarding early investors and core contributors, distributed across Seed, Series A&B, and Core Contributor categories.
In fact, these allocations amount to roughly $749,000, accounting for over 80% of the tokens to be unlocked.
On top of that, the remaining $180,630 allocated to R&D and ecosystem growth may further support protocol development rather than add to market pressure.
Given that these recipients are long-term investors and project contributors, it is unlikely that the unlock will trigger an immediate sell-off in the market.
Spot market signals support
Despite the upcoming unlock—which is typically viewed as a bearish event—Spot investors appeared to be showing confidence in the altcoin.
Over the past week, Spot buyers accumulated approximately $5.49 million worth of TIA, marking the highest weekly purchase volume for the week ending on the 13th of August.
This activity suggested that bullish sentiment is resurfacing among retail and institutional participants.
Source: CoinGlass
On-chain data also indicates improving network activity.
According to Artemis, Data Availability Transactions on the Celestia network climbed to 35,300 in the last 24 hours. This reflected rising protocol use and improving token utility.
Derivatives point to weak volume
Conversely, Derivative data pointed to weakening momentum in the market.
At the time of analysis, the Open Interest Weighted Funding Rate—which tracks overall market sentiment—had turned negative, signaling a shift toward bearish positions.
Source: CoinGlass
The Liquidation Map also revealed balanced liquidity on both the long and short sides, suggesting that the market lacked a clear directional bias.
Until stronger momentum emerges, TIA’s next move could remain range-bound. At press time, TIA traded near $5, down 1.78% in the past 24 hours.
