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Arbitrum will unlock $2.34 billion on Mar 16. Will

时间:2024-03-08|浏览:232

This article will consist of 4 important parts:

  • Description of the upcoming $ARB unlock

  • How are Smart Money holders positioned in ARB?

  • Prediction for ARB price after the unlock

  • rading strategy for ARB in the midterm and long term

1. Description of the upcoming ARB unlock

- The unlock will involve 1.1 billion ARB tokens worth $2.34 billion, to be distributed to the team, advisors, and investors on March 16-17.

- The tokens will be released gradually over three years.

- The circulating supply will increase to 76%.

- 1.08 billion #ARB -- 2.34 billion

ARBITRUMWILLUNLOCK234BILLIONONMAR16WILLCOMMUNITYREACTLIKE179BOPUNLOCKONMAY23
ARBITRUMWILLUNLOCK234BILLIONONMAR16WILLCOMMUNITYREACTLIKE179BOPUNLOCKONMAY23
Smart DEX Traders

- On CEX, Smart Money wallets holding ARB have shown a decrease in balance over the past three days.

Smart Money on CEX

3. Prediction for ARB price after the unlock

Optimism, another Layer 2 token, also had an unlock of $1.79 billion worth of $OP in May 2023.

- The OP unlock will double the circulating supply on May 31, 2023.

- As a result, the market cap of Optimism increased from $450 million to $950 million.

- The price initially reacted negatively to the news, dropping from $1.5 to $0.89. Since then, $0.89 has been the lowest price point for $OP, and it has currently reached a peak near $5, despite market volatility.

- The team and the fund receive tokens monthly with a multiple-fold position. One of the strengths of t price dynamics, with a limited number of quality funds pushing together.

→ There is a possibility that ARB will also experience price reactions before its unlock in the days leading up to it. While the timing may differ, this provides some insight into what needs to be done.

4. Buying and selling strategy for ARB in the current market

For platform projects like ARB, it is expected to reach a $10 billion market cap soon.

  • If you are a long-term holder, there is no need to optimize short-term waves.

  • If you have accumulated a significant position and are in profit, you can consider trimming your position and reinvesting later.

  • If you don't currently hold any ARB, it might be wise to wait, especially during market FOMO. Patience is key, as entering at the wrong time can lead to 70-80% inflation.

- When it comes to large unlock events, the community's reaction is predominantly negative. If you were a developer, you would choose to gradually release tokens. This is not the ideal time to sell ARB.

- Regarding monthly vesting, it is better to vest for the team and trusted funds rather than for users and multiple unrelated funds. In this aspect, ARB may be slightly behind compared to $OP.

- You should follow their planned roadmap, which will provide more confidence to add to the position.

- Buying at the $1-1.5 range would be a good entry point, and significant price decreases would likely only occur in extreme market conditions. Currently, ARB's price has found strong support during recent BTC corrections.

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