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Shotokhan
Jun 1, 2023 1:29 PM

1INCH token unlocks in less than 11h 

1INCH / TetherUSBinance

Description

In less than 11h 1INCH will unlock a 16.65% of its supply (around 100 mil USDT). I've checked previous unlocks and in average they led to a drop at least of 30%. If history repeats price will dump. Short, buy the dip do what you want with this info.

Here you can see the countdown and other info on the unlock: token.unlocks.app/1inch

Good luck

Comment

so far has it has been going down

Comment

History repeated after all... I was right
Comments
immortalkani
Lol it was because of btc dump, you were wrong not right ! Because of unlock which it happened close to 3 months ago price did not drop ! Be a man and accept your mistake instead of pretending you were right
BarryChartMonkey
Great analysis, you were right.
SwallowPremium
This scenario is definitely possible, amazing job!
pugsan
Interesting theory, but previous unlocks were during the heights of the bear market with the last unlock 1/1/23 leading to an ~90% increase in price in less than 2 months.
Shotokhan
@pugsan, check my update, we'll see how it evolves
pugsan
@Shotokhan, I agree. Looks like it may plummet a bit.
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