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Fresh wallet just pulled the entire 4M MMT stack, dropping roughly $1M worth from a major exchange ahead of tomorrow's unlock event.
Meanwhile, data trackers are flagging another 5M MMT (~$1.1M) preparing to hit the market tomorrow. The timing here is worth noting—especially when you clock the numbers.
Here's the thing: TVL has cratered nearly 96% since the token generation event. When you stack that collapse against these large withdrawals and incoming unlock volume, it paints a picture. The on-chain data keeps score, and right now it's telling us something worth paying attention to.
that 96% TVL crater tho... bridging the gap between token mechanics and actual utility is where most projects fail ngl