Celestia (TIA) 代幣今天解鎖可能會使流通供應量增加一倍，引發波動性增加

模組化資料可用性區塊鏈專案 Celestia (TIA) 將釋放先前限制的 1.7559 億個資料。此 Celestia 代幣解鎖

Celestia (TIA) is preparing to release 175.59 million tokens that were previously restricted. This Celestia token unlock will take place today, October 30, and is the largest since the project’s launch in October 2023.

Celestia (TIA) 正準備釋放先前受限制的 1.7559 億個代幣。此次 Celestia 代幣解鎖將於今天 10 月 30 日進行，是該專案自 2023 年 10 月啟動以來規模最大的一次。

The event is likely to have a significant impact on TIA’s price, given the substantial increase in the available supply. With 175.59 million tokens set to be released, the total tokens in circulation will nearly double from the current 180 million.

鑑於可用供應量大幅增加，該事件可能會對 TIA 的價格產生重大影響。預計發行 1.7559 億枚代幣，流通中的代幣總量將比目前的 1.8 億枚增加近一倍。

As a point of reference, the last Celestia token unlock occurred on April 24 and consisted of 40 million tokens. Following the event, TIA’s price dropped by 16% over the next seven days.

作為參考，最後一次 Celestia 代幣解鎖發生在 4 月 24 日，由 4000 萬個代幣組成。事件發生後，TIA 的價格在接下來的 7 天內下跌了 16%。

However, it is important to note that several factors, including market conditions and the specific project dynamics, can influence an asset’s price movements.

然而，值得注意的是，包括市場狀況和具體項目動態在內的幾個因素可能會影響資產的價格變動。

To gain a deeper understanding of the potential impact on TIA’s price, BeInCrypto has analyzed the available data and consulted with industry experts.

為了更深入了解對 TIA 價格的潛在影響，BeInCrypto 分析了現有數據並諮詢了行業專家。

Celestia OTC Sales May Reduce Selling Pressure

Celestia 場外銷售可能會減輕銷售壓力

According to Tokenomist (formerly Token Unlocks), the Celestia token unlock is valued at $890 million at the current price. Upon release, the total tokens in circulation will be 80% of the total supply.

據 Tokenomist（原 Token Unlocks）稱，Celestia 代幣解鎖價值按當前價格計算為 8.9 億美元。發行後，流通中的代幣總量將佔總供應量的80%。

Typically, cryptocurrency projects lock a portion of their token supply and release it gradually to prevent early investors and insiders from selling large quantities immediately after receiving their allocations.

通常，加密貨幣項目會鎖定部分代幣供應並逐步釋放，以防止早期投資者和內部人士在收到分配後立即大量出售。

When the projects unlock these tokens, they become available for sale, making such events generally bearish. According to this thesis, TIA’s unlock today is likely to contribute to its 14% decline over the past seven days.

當項目解鎖這些代幣時，它們就可以出售，使得此類事件普遍看跌。根據這篇論文，TIA 今天的解鎖很可能導致其過去 7 天下跌 14%。

Amid this, on-chain data from Santiment shows that TIA’s volume has increased to $183.73 million. For context, a sharp increase in trading volume can validate the onset of a breakout or a breakdown.

其中，Santiment 的鏈上數據顯示，TIA 的交易量已增加至 1.8373 億美元。就上下文而言，交易量的急劇增加可以驗證突破或崩潰的開始。

Therefore, Celestia’s high trading volume suggests greater involvement from market participants. However, it also indicates rising selling pressure, which increases the likelihood of the downtrend continuing.

因此，Celestia 的高交易量顯示市場參與者的參與程度較高。然而，這也顯示拋售壓力上升，增加了下跌趨勢持續的可能性。

However, Taran Sabharwal, founder of an Over-The-Counter (OTC) trading platform, STIX, disclosed that some of these unlocked tokens have already been sold via OTC. This sell-off is likely to have contributed to Celestia’s price decline over the past week.

然而，場外交易（OTC）交易平台 STIX 的創始人 Taran Sabharwal 透露，其中一些解鎖的代幣已經透過 OTC 出售。這種拋售可能是過去一週 Celestia 價格下跌的原因之一。

As a result, the selling pressure from this unlock could be less than 50% of the anticipated value.

因此，此次解鎖帶來的拋售壓力可能低於預期值的 50%。

“Heavy amounts of the first unlock were sold to OTC buyers, who hedged on perps, sending open interest ballistic over the last few months. We expect a lot of these shorts to continue winding down, partially negating the spot-selling pressure. This funding reset may be a bull signal for spot buyers.” Sabharwal posted on X.

「首次解鎖的大量資金被賣給了場外交易買家，他們對永續合約進行對沖，在過去幾個月中導致未平倉合約大幅上漲。我們預計許多空頭將繼續減少，部分抵消現貨拋售壓力。這次資金重置對於現貨買家來說可能是一個牛市信號。 Sabharwal 在 X 上發布。

The Chart Favors Bears at Time of Writing

在撰寫本文時，圖表有利於空頭

At the time of writing, TIA’s price is $5.05 and is currently below the key Exponential Moving Averages (EMAs). As shown on the daily chart, the 20 EMA (blue) and 50 EMA (yellow) are around the same spot, suggesting that bears and bulls are struggling for dominance.

截至撰寫本文時，TIA 的價格為 5.05 美元，目前低於關鍵的指數移動平均線 (EMA)。如日線圖所示，20 EMA（藍色）和 50 EMA（黃色）位於同一位置，顯示空頭和多頭正在爭奪主導地位。

But since the altcoin’s value is below both indicators, bears have the upper hand. Should this remain the same, then TIA’s price could drop to $4.57 in the short term. However, if selling pressure intensifies, this drawdown could extend more than this, and the token could drop to $3.72.

但由於山寨幣的價值低於這兩個指標，空頭佔上風。如果這種情況保持不變，那麼 TIA 的價格可能會在短期內跌至 4.57 美元。然而，如果拋售壓力加劇，這種回撤可能會超出這個範圍，代幣可能會跌至 3.72 美元。

On the other hand, if funding rates reset as Sabharwal envisages, this prediction might be invalidated. Instead, TIA might bounce and rally toward $6.16.

另一方面，如果資金利率按照薩巴瓦爾的設想重新設定，這項預測可能會失效。相反，TIA 可能會反彈並上漲至 6.16 美元。