KAITO has an important announcement—$4.31 million worth of tokens will be unlocked tomorrow.

In fact, the unlocking of many tokens is hard to predict, but this project is a bit different. How to put it, the ecosystem has indeed encountered issues. The platform previously carried out a round of rectification and upgrade targeting cheating accounts, which directly caused a large number of accounts involved in point farming to become invalid, significantly impacting the overall activity of the ecosystem.

The project team is also quite helpless about this situation, as it is a passive response. Therefore, once there are signs of exchanges depositing tokens, it’s relatively safe to follow a short strategy. The market logic is actually quite simple—large unlocks + ecosystem pressure, selling pressure is almost a certainty.

Although the current macro environment shows positive signals like the US core CPI being below expectations, the pressure at the project level is often more direct than the broader trend. At this point in time, it’s still necessary to keep an eye on on-chain deposit movements.