Bondex (BDXN) will unlock 31.97 million tokens on December 3rd at 10 AM Beijing time, valued at approximately 1.58 million dollars based on the current price.

Although the scale of this unlock is not particularly large, it may still create some selling pressure in the short term for small and medium-cap Tokens that already have poor liquidity.

There are a few places to pay attention to: first, we need to see whether the unlocked tokens belong to the team or early investors, as this directly relates to the probability of a market crash; secondly, the overall market sentiment is currently weak, and everyone will be particularly sensitive to unlocking events; the most critical point is to monitor on-chain data after the unlock to see if these tokens will be transferred in large amounts to exchanges, as this will help determine the actual impact.

The market for small coins is inherently fragile, so it's best to make a note in advance when encountering such unlocking events.