Arbitrum 的代幣解鎖迫在眉睫，帶來價格下跌風險

由於計劃於4 月16 日進行代幣解鎖，Arbitrum (ARB) 面臨潛在的價格下跌。數據顯示，將釋放9,265 萬枚代幣（佔流通量的3.49%），其中很大一部分分配給團隊成員、顧問和投資者。從歷史上看，代幣解鎖引發了拋售，對價格產生了負面影響，而 Arbitrum 的價格可能會效仿，儘管與先前導致大幅下跌的事件相比，此次解鎖的幅度較小。

Arbitrum's Impending Token Unlock Poses Price Decline Threat

Arbitrum 即將解鎖的代幣構成價格下跌威脅

Amidst heightened market volatility, Arbitrum's (ARB) upcoming token unlock on April 16 has cast a shadow over its price trajectory. Historical evidence suggests that such events trigger significant market movements, often leading to substantial sell-offs and price declines.

在市場波動加劇的情況下，Arbitrum (ARB) 即將於 4 月 16 日解鎖的代幣為其價格軌跡蒙上了陰影。歷史證據表明，此類事件會引發重大市場波動，通常會導致大幅拋售和價格下跌。

Upcoming Unlock Details

即將解鎖的詳細信息

According to data from TokenUnlock, a staggering 92.65 million Arbitrum tokens, representing 3.49% of the circulating supply, are poised to be unlocked on the fateful day. Of these unlocked tokens, 56.13 million ($65.10 million) will be distributed to the team, future team members, and advisors, while the remaining 36.52 million ($42.36 million) will find their way to investors.

根據 TokenUnlock 的數據，數量驚人的 9,265 萬個 Arbitrum 代幣（佔流通量的 3.49%）將在這決定性的日子被解鎖。在這些解鎖的代幣中，5,613萬枚（6,510萬美元）將分配給團隊、未來的團隊成員和顧問，而剩餘的3,652萬枚（4,236萬美元）將分配給投資者。

Sell-Off Concerns

拋售擔憂

Token unlocks have historically been met with a wave of massive sell-offs by beneficiaries, exerting downward pressure on the token's price. Experts anticipate a similar scenario unfolding for Arbitrum, especially given the precedent set by its last token unlock on March 16.

歷史上，代幣解鎖曾遭遇受益人的大規模拋售浪潮，對代幣價格造成下行壓力。專家預計 Arbitrum 也會出現類似的情況，特別是考慮到 3 月 16 日最後一次代幣解鎖所創下的先例。

March Token Unlock Impact

三月代幣解鎖影響

During its previous token unlock on March 16, Arbitrum witnessed a notable price decline. CoinMarketCap data reveals that Arbitrum's price, which had closed the preceding day at over $2, plummeted to $1.8 on the day of the unlock.

在 3 月 16 日的上一次代幣解鎖期間，Arbitrum 見證了價格的顯著下跌。 CoinMarketCap 數據顯示，Arbitrum 的價格在前一天收盤價超過 2 美元，但在解鎖當天暴跌至 1.8 美元。

Magnitude Difference

幅度差異

While the impending token unlock is cause for concern, it is important to note that its magnitude is significantly smaller compared to the previous one. In March, a whopping 1.11 billion Arbitrum tokens (41.89% of the circulating supply) were unlocked, dwarfing the 92.65 million tokens scheduled for release in April.

雖然即將到來的代幣解鎖令人擔憂，但值得注意的是，與之前相比，其規模要小得多。 3 月份，Arbitrum 代幣解鎖量高達 11.1 億枚（佔流通量的 41.89%），遠超過 4 月計畫釋出的 9,265 萬枚。

Potential Impact

潛在影響

Consequently, the impact of any potential sell-off this time around may not be as severe as the previous episode. Nonetheless, Arbitrum remains at risk of falling below the crucial $1 support level for the first time in a substantial period, given its current proximity to that price range.

因此，這次任何潛在拋售的影響可能不會像前一次那麼嚴重。儘管如此，鑑於 Arbitrum 目前接近該價格區間，Arbitrum 仍面臨在相當長一段時間內首次跌破關鍵支撐位 1 美元的風險。

Other Notable Token Unlocks

其他值得注意的代幣解鎖

Axie Infinity (AXS) will also experience a substantial token unlock on April 17, with $76.96 million worth of tokens (7.6% of circulating supply) entering the market. Apecoin (APE) is another cryptocurrency facing a potential price correction due to its upcoming token unlock on the same day. Approximately $18.57 million worth of Apecoin tokens (2.48% of circulating supply) will be unlocked, with a significant portion going to Yuga Labs founders.

Axie Infinity (AXS) 也將於 4 月 17 日經歷大量代幣解鎖，價值 7,696 萬美元的代幣（佔流通量的 7.6%）進入市場。 Apecoin（APE）是另一種面臨潛在價格調整的加密貨幣，因為其代幣即將在同一天解鎖。價值約 1,857 萬美元的 Apecoin 代幣（佔流通量的 2.48%）將解鎖，其中很大一部分將由 Yuga Labs 創始人擁有。

Bearish Implications for Yuga Labs

對 Yuga Labs 的看跌影響

A significant drop in Apecoin's price could further exacerbate the bearish outlook for the broader Yuga Labs ecosystem, as the Bored Ape NFT has already experienced a precipitous 90% decline from its peak value.

Apecoin 價格的大幅下跌可能會進一步加劇對更廣泛的 Yuga Labs 生態系統的看跌前景，因為 Bored Ape NFT 已經從高峰急劇下跌 90%。