DoubleZero jumps 29% as open interest climbs 113% ahead of $124M token unlock
- —2Z gained over 29% in 24 hours, clearing liquidity above $0.075
- —Open interest rose 113% and volume climbed 107% past $50 million
- —1.77 billion 2Z worth $124 million unlocks on October 2, 17.79% of max supply
- —Fireblocks, Binance, Wintermute and Upbit moved 2Z across wallets
Why it matters: The October 2 unlock of 17.79% of supply could cap the rally that started September 16 by adding heavy selling pressure.
Source: AMBCrypto