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BITStar2

11/30 09:31

Upcoming sell pressure The crypto markets could e

Upcoming sell pressure

The crypto markets could experience yet another sell pressure from massive token unlocks in December. ASTER and Sui Network [SUI] were leading with the largest unlocks of more than $86 million.

About 3.89% of ASTER market cap would be unlocked, and the amount was equivalent to 78.41 million tokens. Still, more than 55% were locked, with 7% yet to be assigned a period for unlocking.

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This unlock could potentially hinder the anticipated rally due to increased supply-driven sell pressure.
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