The TVL of Bio Protocol is currently around $9 million, of which about 70% is short-term Lock-up Position.

PANews, August 21 news, according to TK Research analysis, the $BIO Token is steadily rising in the DeSci field, with the current total Lock-up Position (TVL) of Bio Protocol at approximately $9 million. About 70% of this is short-term lock-up (1 to 4 weeks), about 30% is medium to long-term lock-up, and 15.1% is locked for the longest period of 104 weeks. Analysis suggests that the continuous rise in the long-term Lock-up Position ratio may drive the Token price upwards, while the high proportion of short-term positions may bring certain selling pressure. If the long-term Lock-up Position ratio further increases, $BIO may usher in a new round of price rise.