Back to collectionA Rebound Amid Competing Unlock Estimates
On Saturday, the market caught its breath after the previous day's plunge, but the unlock still lay ahead. An oversold rebound began, and competing “unlock sell-off estimates” spread with it. The rebound gave the group a brief pause, but it did not make the spreadsheets authoritative.
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On Saturday, the market caught its breath after the previous day's plunge, but the unlock still lay ahead. The Night Watchman, a longtime community member and node operator, was asked to look at the unlock estimates circulating in the group.
An oversold rebound began, and competing “unlock sell-off estimates” spread with it. Some treated every allocation due for release as a sale on the same day; others did not even state the release schedule. The Night Watchman endorsed none of them. He told the person who had asked him to establish which allocations each calculation included.
The rebound gave the group a brief pause, but it did not make the spreadsheets authoritative. The Night Watchman decided to check each allocation and its release method against the official explanation when it arrived. The questioner put aside their own estimate for now. The actual proportions had yet to be announced.