Berachain denied rumors of upcoming 10 million token unlock this week.
This week, team members from Berachain (BERA) refuted allegations suggesting an unlock of 10 million BERA tokens. The speculation arose following Tokenomist’s inclusion of BERA in their list of tokens with imminent significant token releases. To clarify, 10 million BERA tokens equate to approximately 2% of the total supply.
In simple terms, Tokenomist has shared that Berachain is anticipating a daily token unlock worth more than $1 million over the next week, potentially positioning BERA alongside other tokens undergoing significant unlocks. The combined total of these unlocked tokens is projected to exceed $132.1 million.
With news circulation, worries about a possible BERA waste disposal arose, suggesting that BERA’s recent market behavior could be tied to an impending selling spree.
Bera:
The sole explanation for the inflation of this asset is that some large investors aim to be compensated before they eventually dispose of it.
To avoid getting liquidated, I’ve prepared you accordingly. Just exercise caution and patience, as the process might take time.
— MWhalekiller (@MWhalekiller) March 2, 2025
Instead, Nezha from the Berachain Foundation corrected or further explained the assertion regarding X. As stated by Nezha, there is indeed a planned token distribution, but it falls under the category of an airdrop rather than a widespread token release.
Specifically, these tokens are reserved for users who have invested funds into Boyco, Berachain’s token acquisition platform. Unlike being distributed freely throughout the market, these tokens are held back as incentives for those investors and will be handed out to them all at once when their investments reach maturity in early May.
I appreciate your clarification. It’s crucial to underscore that the actual unlocking of BERA tokens represents 2% of the total supply, sourced from Boyco deposits, which is scheduled for May, not this current week as previously suggested. The truth is always significant.
— 灵台智库 | AI & 美股资讯 (@heavenlypulse) March 3, 2025
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2025-03-03 13:30