Crypto KOL: If institutions sell 5% of the monthly unlocked tokens, it can cause the price of mainstream altcoins to fall by 30-70%
By:Cointime
Hitesh Malviya, the founder of the cryptocurrency analysis platform DYOR, stated that the current market liquidity is poor. If investment institutions sell 5% of their monthly unlocked token quota, assets such as OP, ARB, APT, and SUI may experience a price drop of 30-70%.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
MILKUSDT now launched for futures trading and trading bots
Bitget Announcement•2025/04/29 10:12
Beijing releases blockchain action plan, aims to achieve more than 10 breakthroughs by 2027
Cointime•2025/04/29 09:34
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$95,169.14
-0.12%
Ethereum
ETH
$1,829.97
+0.75%
Tether USDt
USDT
$1
+0.00%
XRP
XRP
$2.29
-1.11%
BNB
BNB
$604.13
-0.58%
Solana
SOL
$149.06
-1.70%
USDC
USDC
$1
+0.02%
Dogecoin
DOGE
$0.1793
-1.36%
Cardano
ADA
$0.7142
-1.09%
TRON
TRX
$0.2471
+0.05%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now