LINEA Token Under Pressure as 1.38B Large-Scale Unlock Sparks Selling Pressure
The past 24 hours, LINEA dropped 2.4%, showing weak performance amid a flat market. What is the trigger? The latest token unlock event.
According to data, this unlock released 1.38B LINEA tokens, worth approximately $14.6 million, accounting for 6.76% of the circulating supply. The influx of new supply immediately created noticeable selling pressure.
The technical outlook is also not optimistic. The RSI indicator fell to 29, entering the oversold zone, but this did not support a price rebound—prices are still hovering below key support levels. In the short term, the supply shock combined with technical weakness means LINEA still needs to absorb the selling pressure caused by this unlock. Investors should closely watch whether new support levels can be established in the subsequent period.
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SmartContractPhobia
· 2025-12-18 06:07
Another round of dumping? 1.38 billion tokens dumped all at once—who can withstand that?
It's another unlock day and selling pressure—can this script be changed?
RSI is already at 29 and still no rebound, it's a bit concerning.
When will this price get a breather? It's too tough.
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APY追逐者
· 2025-12-18 05:53
Coming back to unlock and dump? linea, this round is a bit brutal.
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CodeZeroBasis
· 2025-12-17 20:35
Here comes another attack to smash the market, this wave of LINEA really hurts.
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LiquidationOracle
· 2025-12-15 06:54
It's another case of unlocking and dumping, just the old routine.
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NFTArchaeologist
· 2025-12-15 06:54
Another wave of dumping, 1.38 billion coins directly dumped in. Who can withstand this...
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RooftopVIP
· 2025-12-15 06:51
Here comes another unlock and dump, this time 1.38B directly gg
It's the same pattern again, big holders unlock and then run
RSI is already at 29 and it still can't bounce, lol
Is that only a 2.4% drop? I thought it would plunge
Selling pressure is just too much, when will we see the bottom
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BlockBargainHunter
· 2025-12-15 06:32
Another dump triggered by unlocking, truly amazing.
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AlphaBrain
· 2025-12-15 06:30
Another big unlock drama, this time 1.38B tokens are dumped all at once, directly softening the market.
LINEA Token Under Pressure as 1.38B Large-Scale Unlock Sparks Selling Pressure
The past 24 hours, LINEA dropped 2.4%, showing weak performance amid a flat market. What is the trigger? The latest token unlock event.
According to data, this unlock released 1.38B LINEA tokens, worth approximately $14.6 million, accounting for 6.76% of the circulating supply. The influx of new supply immediately created noticeable selling pressure.
The technical outlook is also not optimistic. The RSI indicator fell to 29, entering the oversold zone, but this did not support a price rebound—prices are still hovering below key support levels. In the short term, the supply shock combined with technical weakness means LINEA still needs to absorb the selling pressure caused by this unlock. Investors should closely watch whether new support levels can be established in the subsequent period.