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Viewpoint: TIA unlocking amount is several times the daily volume, which may lead to increased volatility.
Golden Finance reported that approximately 175 million locked Celestia (TIA) Tokens will be unlocked on October 30th, including releases to early investors, which will increase the token supply by 80%, marking the largest unlocking event since the token's launch in October last year. These tokens are currently valued at $920 million, with an exchange price slightly above $5 per token. Anagram partner David Shuttleworth said, "There may be some obvious impacts," or lead to an increase in volatility. He pointed out that the unlocked Token quantity is several times the daily volume between $50 million and $200 million in the past month. encryption analyst Will Clemente said there is an increased possibility of Rebound for TIA after unlocking, and he said, "BTCPA further dropped the possibility of a bearish impact on the market from the TIA unlock on Thursday."