Airdrops· ★★· bearish·

Akedo to Unlock 2.11B AKE Worth $127M After 300% Weekly Surge

  • —Unlock of 2.11 billion AKE scheduled for September 21, worth $127 million at current prices
  • —AKE rose 300% over the week and 53% in the last 24 hours
  • —Only 22% of the 100 billion AKE tokens are in circulation
  • —Funding rate turned negative, open interest and spot CVD are declining
Why it matters: Monthly unlocks increase AKE supply and could intensify selling pressure amid the speculative rally.
#AKE
Source: AMBCrypto
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