Akedo rallies 59% after $62M token unlock despite leverage risk
- —$62 million in tokens unlocked, equal to 9% of circulating supply
- —AKE gained 59% to $0.035 after bouncing off $0.021
- —Futures volume outpaced spot by 93x; open interest rose 90.5% to $101 million
- —Daily turnover reached $16 million as RSI climbed to 57
Why it matters: The rally rests on heavy leverage, so fading speculation could trigger a slide back to $0.021 and a wave of liquidations.
Source: AMBCrypto