Arbitrum 为每月代币解锁做准备，增加了波动性和价格担忧

根据 Arbitrum 的解锁时间表，未来三年每月将有约 9300 万个 ARB 进入流通。此次解锁适用于团队成员、贡献者和投资者，在 3 月份解锁期间仅释放了他们分配的 25%。从历史上看，由于代币涌入市场，代币解锁往往会引发抛售压力，导致价格下跌。

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

Arbitrum Network 面临每月解锁时间表、信号波动和潜在价格下跌

Introduction

介绍

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 是以太坊区块链的第 2 层 (L2) 扩展解决方案，即将面临一系列解锁，这将对其代币 ARB 产生重大影响。这些解锁将释放代币供应的很大一部分，引起了投资者对未来几个月潜在波动和价格下跌的担忧。

Unlock Schedule

解锁时间表

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.

根据 Arbitrum 预定的解锁时间表，未来三年将每月释放总计约 9300 万枚 ARB，按当前市场价格计算价值 1.36 亿美元。该解锁供应将主要包括分配给 Arbitrum 团队成员、贡献者和投资者的代币。值得注意的是，在 3 月份的上一次解锁期间，该总分配中只有约 25% 被解冻。

Token Unlocks and Market Dynamics

代币解锁和市场动态

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.

在加密货币领域，由于更多代币涌入市场，代币解锁通常会成为看跌催化剂。由于代币持有者寻求实现利润，供应量的增加可能会导致抛售压力增加。

Impact of Previous Unlock

先前解锁的影响

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.

此前3月16日的Arbitrum解锁事件对ARB的价格产生了重大影响。在解锁前几天，ARB 的价值开始下跌，反映出投资者对即将发生的事件的焦虑。解锁后，ARB 价格持续下跌，CoinMarketCap 记录跌幅达 26%。

Selling Pressure and Whale Activity

抛售压力和鲸鱼活动

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的数据显示，价值超过10万美元的大额交易在解锁前的一段时间内开始增加，并持续了近一周的时间。这表明在此期间抛售压力超过了购买压力。此外，4 月前两天鲸鱼交易量激增，导致 ARB 价格进一步下跌。

Whale Holdings

鲸鱼控股

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.

尽管价格下跌，但 Santiment 的数据也显示，自解锁事件以来，ARB 的大鲸鱼持有量大幅增加。这可能归因于两个因素：首先，解锁的代币使代币持有者的钱包膨胀，其次，一些投资者可能利用较低的价格积累了更多的代币。

Implications for Investors

对投资者的影响

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.

即将到来的 ARB 每月解锁可能会造成一段时期的波动和代币价格的潜在下行压力。投资者应意识到这些风险并考虑相应调整投资策略。在做出与 ARB 和其他加密货币资产相关的决策时，进行彻底的研究并谨慎行事非常重要。