The "nuclear-level unlock" is here in the crypto world: RAIN releases $397 million in one go, will retail investors still sleep well tonight?

The biggest horror story in the crypto space recently isn't a crash.
It's—unlocking.
In May, the entire crypto market will see about $639 million worth of tokens unlocked, and the scariest part isn't BTC, nor ETH, but RAIN, which many people previously paid little attention to.
Because this time, it's not a "small water release."
It's a full throttle.
On May 10th, RAIN's single unlock exceeded 10% of its circulating market cap, worth about $397 million.
What does that mean?
Simply put:
There were originally only 10 watermelons in the market.
Now suddenly someone dumps a truckload of 1 more.
If the price can stay stable, that's true faith power.
Veteran crypto players all understand one phrase:
"Unlocking isn't scary; who sells is scary."
Because many project teams say they are building the ecosystem for the long term.
But as soon as the wallets unlock, the market immediately starts guessing:
"Who will run first?"
Especially since this time, RAIN's size is too large.
The market's current biggest concern isn't the K-line,
but the whale wallets.
Because the most classic storyline in crypto is always:
"Project team says they won't sell,
but on-chain transfers start."
Retail investors have recently begun to enter "detective mode."
Monitoring exchange inflow.
Watching for abnormal address movements on the chain.
Analyzing order book depth.
In the past, everyone studied technical analysis.
Now everyone studies wallet movements.
The entire market feels like a major criminal investigation scene.
What's even more amusing is that before each unlock, the community always sees two #Gate广场五月交易分享