Airdrops· ★★· bearish·

CARV to unlock 48.5M tokens on October 10; evening tranche exceeds daily turnover

  • —48.53 million CARV tokens unlock across three tranches on October 10
  • —Evening tranche of 38.78 million CARV worth $1.72 million is 1.33x the $1.29 million daily turnover
  • —Unlock adds 7.32% to the 662.9 million circulating supply
  • —Team and advisers receive 21.62 million CARV; early investors get 9.04 million
Why it matters: Insider tranches landing in a few large wallets against thin liquidity raise the risk of sell pressure on CARV's price.
Source: CryptoTicker