Arbitrum 為每月代幣解鎖做準備，增加了波動性和價格擔憂

根據 Arbitrum 的解鎖時間表，未來三年每月將有約 9,300 萬個 ARB 進入流通。此次解鎖適用於團隊成員、貢獻者和投資者，在 3 月解鎖期間僅釋放了他們分配的 25%。從歷史上看，由於代幣湧入市場，代幣解鎖往往會引發拋售壓力，導致價格下跌。

Arbitrum Network Faces Monthly Unlock Schedule, Signaling Volatility and Potential Price Declines

Arbitrum Network 面臨每月解鎖時間表、訊號波動和潛在價格下跌

Introduction

介紹

Arbitrum, a Layer-2 (L2) scaling solution for the Ethereum blockchain, is poised to face a series of unlocks that will have a significant impact on its token, ARB. These unlocks, which will release a substantial portion of the token's supply, have raised concerns among investors about potential volatility and price decreases in the coming months.

Arbitrum 是以太坊區塊鏈的第 2 層 (L2) 擴展解決方案，即將面臨一系列解鎖，這將對其代幣 ARB 產生重大影響。這些解鎖將釋放代幣供應的很大一部分，引起了投資者對未來幾個月潛在波動和價格下跌的擔憂。

Unlock Schedule

解鎖時間表

According to Arbitrum's predetermined unlock schedule, a total of approximately 93 million ARBs, valued at $136 million at current market prices, will be released into circulation on a monthly basis over the next three years. This unlocked supply will primarily consist of tokens allocated to Arbitrum team members, contributors, and investors. It is important to note that only about 25% of this total allocation was unfrozen during the previous unlock in March.

根據 Arbitrum 預定的解鎖時間表，未來三年將每月釋放總計約 9,300 萬枚 ARB，以當前市場價格計算價值 1.36 億美元。此解鎖供應將主要包括分配給 Arbitrum 團隊成員、貢獻者和投資者的代幣。值得注意的是，在 3 月的上一次解鎖期間，該總分配中只有約 25% 被解凍。

Token Unlocks and Market Dynamics

代幣解鎖和市場動態

In the cryptocurrency realm, token unlocks often serve as bearish catalysts due to the influx of additional tokens entering the market. This increased supply can lead to increased selling pressure as token holders seek to realize their profits.

在加密貨幣領域，由於更多代幣湧入市場，代幣解鎖通常會成為看跌催化劑。由於代幣持有者尋求利潤，供應量的增加可能會導致拋售壓力增加。

Impact of Previous Unlock

先前解鎖的影響

The previous Arbitrum unlock event on March 16th had a significant impact on ARB's price. In the days leading up to the unlock, ARB's value began to decline, reflecting investor anxiety over the impending event. Post-unlock, ARB's price continued to fall, with a drop of 26% recorded by CoinMarketCap.

先前3月16日的Arbitrum解鎖事件對ARB的價格產生了重大影響。在解鎖前幾天，ARB 的價值開始下跌，反映出投資者對即將發生的事件的焦慮。解鎖後，ARB 價格持續下跌，CoinMarketCap 記錄跌幅達 26%。

Selling Pressure and Whale Activity

拋售壓力和鯨魚活動

Data from Santiment indicates that large transactions worth over $100,000 began to increase in the period preceding the unlock and continued for nearly a week afterward. This suggests that selling pressure outweighed buying pressure during this time. Additionally, the first two days of April witnessed a surge in whale transactions, resulting in further price declines for ARB.

Santiment的數據顯示，價值超過10萬美元的大額交易在解鎖前的一段時間內開始增加，並持續了近一周的時間。這表明在此期間拋售壓力超過了購買壓力。此外，4 月前兩天鯨魚交易量激增，導致 ARB 價格進一步下跌。

Whale Holdings

鯨魚控股

Despite the price declines, data from Santiment also shows that large whale holdings of ARB have increased significantly since the unlock event. This could be attributed to two factors: firstly, the unlocked tokens inflated the wallets of token holders, and secondly, some investors may have taken advantage of the lower prices to accumulate more tokens.

儘管價格下跌，但 Santiment 的數據也顯示，自解鎖事件以來，ARB 的大鯨魚持有量大幅增加。這可能歸因於兩個因素：首先，解鎖的代幣使代幣持有者的錢包膨脹，其次，一些投資者可能利用較低的價格累積了更多的代幣。

Implications for Investors

對投資者的影響

The upcoming monthly unlocks for ARB are likely to create a period of volatility and potential downward pressure on the token's price. Investors should be aware of these risks and consider adjusting their investment strategies accordingly. It is important to conduct thorough research and exercise caution when making decisions related to ARB and other cryptocurrency assets.

即將到來的 ARB 每月解鎖可能會造成一段時期的波動和代幣價格的潛在下行壓力。投資者應意識到這些風險並考慮相應調整投資策略。在做出與 ARB 和其他加密貨幣資產相關的決策時，進行徹底的研究並謹慎行事非常重要。