Markets· ★★· bearish·

SEI drops 10.55% ahead of 55.56M token unlock on October 15

  • —SEI trades at $0.0587, down 10.55% on the day
  • —Daily volume of $56.83M is 30.28% below the 30-day average
  • —A 55.56M SEI unlock is scheduled for October 15
  • —Market cap near $452.16M, down 46.77% year-to-date
Why it matters: The unlock could increase circulating supply and add selling pressure if recipients move tokens to market.
#SEI
Source: DiarioBitcoin
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