Analysis: It is expected that 92.30 million pieces will enter circulation after TIA is unlocked tonight, and the upper limit will be about 460 million dollars
On October 30th, in response to the 176 million TIAs that are about to be unlocked tonight, Taran, founder of OTC platform STIX, posted on the X platform that a total of 92.30 million TIAs will enter circulation after unlocking, which will constitute the upper limit of the selling pressure in the cash market. TIA has a 21-day unlocking period, and those who wish to unlock TIA for trading on October 31st have already unlocked it in advance. The sum of the number of unlocked tokens, the number of tokens in the 21-day unlocking queue, and the number of approximately 24.10 million uncounted tokens equals 92.30 million TIAs. This equates to a maximum selling pressure of about $460 million.
Previously, Celestia (TIA) will unlock about 175.60 million tokens at 10 pm Beijing time on October 30, which is 79.75% of the current circulation and is worth about 941 million dollars.