在 Ondo Finance 發行價值 22.3 億美元的 ONDO 代幣的帶動下，加密貨幣市場迎來了歷史性的代幣解鎖

本週加密貨幣市場將發生多事，歷史性的代幣解鎖估計達到 30 億美元，這是自 2023 年 11 月以來最大的一次。

The week promises to be eventful in the crypto market with a historic unlocking of tokens estimated at 3 billion dollars, the largest since November 2023. At the heart of this event, Ondo Finance is set to release 1.94 billion ONDO tokens on January 18, representing more than 130% of its current circulating supply.

本週加密市場將迎來多事之秋，歷史性的解鎖代幣價值估計達30 億美元，是2023 年11 月以來最大的一次。枚ONDO 代幣，代表超過目前流通供應量的130%。

A massive unlocking that worries the market

大規模解鎖令市場擔憂

The crypto market is preparing for a crucial week starting January 13, 2024. According to data from Tokenomist, several major projects including ONDO, ARB, STRK, and SEI will participate in this massive unlocking.

加密市場正在為2024年1月13日開始的關鍵一周做準備。

Ondo Finance, a platform specialized in asset tokenization, is leading the way with a planned release of 1.94 billion ONDO tokens, valued at 2.23 billion dollars. This colossal amount greatly exceeds the daily trading volume of the token, which currently fluctuates between 250 and 300 million dollars.

專門從事資產代幣化的平台 Ondo Finance 處於領先地位，計劃發行 19.4 億個 ONDO 代幣，價值 22.3 億美元。這筆巨額大大超過了該代幣的每日交易量，目前該代幣的交易量在 250 至 3 億美元之間波動。

In the face of this potential selling pressure, the price of ONDO is already showing signs of weakness. The token is trading at 1.14 dollars, its lowest level since early December, down 5% over the last 24 hours and 15% since the beginning of the month. This downward trend began after reaching an all-time high of 2.10 dollars in mid-December.

面對這種潛在的拋售壓力，ONDO的價格已經顯示出疲軟的跡象。該代幣的交易價格為 1.14 美元，為 12 月初以來的最低水平，過去 24 小時內下跌 5%，自本月初以來下跌 15%。這種下降趨勢是在 12 月中旬達到 2.10 美元的歷史高點後開始的。

Impact and Outlook on the Crypto Ecosystem

對加密生態系的影響與展望

The unlocks of tokens are an essential mechanism in the crypto ecosystem, enabling a gradual distribution of tokens to early investors and development teams. This approach traditionally aims to prevent massive dumps and maintain some price stability. However, the exceptional scale of the unlocking scheduled for this week raises legitimate concerns.

代幣的解鎖是加密生態系統中的重要機制，可以將代幣逐步分配給早期投資者和開發團隊。傳統上，這種方法旨在防止大規模拋售並保持一定的價格穩定。然而，本週計劃的解鎖規模之大引起了合理的擔憂。

A recent study by The Tie highlights that tokens facing unlocks exceeding 100% of their average daily volume generally experience high volatility before and after the event. In the case of ONDO, the ratio between the unlocked volume and the daily trading volume suggests a particularly turbulent period ahead.

The Tie 最近的一項研究強調，解鎖量超過日均交易量 100% 的代幣通常會在活動前後經歷較高的波動性。就 ONDO 而言，解鎖量與每日交易量之間的比率表明未來將經歷一個特別動蕩的時期。

The impact of this mega-unlocking could reverberate throughout the altcoin market, creating opportunities for savvy traders, but also increased risks for less experienced investors. The coming days will be crucial in assessing the market’s capacity to absorb this massive offer of tokens.

這種大規模解鎖的影響可能會在整個山寨幣市場產生反響，為精明的交易者創造機會，但也增加了經驗不足的投資者的風險。未來幾天對於評估市場吸收大量代幣的能力至關重要。