| Time | Details |
|---|---|
| 2024-08-28 01:10 |
Upcoming Token Unlock for ByBit and FTX Raises Concerns
According to @EmberCN, ByBit and FTX exchanged their platform tokens in early November 2021, with ByBit trading 100 million BIT for 3.36 million FTT from FTX. Both parties agreed not to sell the tokens for three years. With only two months remaining until the lock-up period ends, there is a high likelihood of a sell-off. At the time of the exchange, the tokens were of equal value, but now there is a significant disparity: 100 million BIT is valued at $57.73 million, while 3.36 million FTT is worth considerably less. (Source) |
| 2024-09-02 12:08 |
Zeta Token Analysis: High Fully Diluted Valuation Amidst Recent Unlock
According to ZachXBT, Zeta token presents an interesting case with a fully diluted valuation (FDV) exceeding $960 million, while its market cap stands at $183 million following a significant token unlock. Additionally, the total value locked (TVL) in Zeta is relatively low at $3 million. Traders should consider these metrics when evaluating the token's potential and market dynamics. (Source) |