The cryptocurrency community is watching closely this week as World Liberty Finance’s native token, $MOVE, prepares for a major unlock. On the agenda is an unlock of $30.10 million worth of $MOVE tokens, or 2.17% of its market cap.
This token request is surely piquing investor curiosity given that it represents a good chunk of the $MOVE token’s market dynamics. And in the run-up to this unlock, the community has been buzzing over large institutional movements that have been observed—unfolding rather dramatically, it seems—through the CoW Protocol that World Liberty Finance uses. So what could this all mean for $MOVE, and what might this week hold for the token’s price?
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Whale Moves: A Sign of Institutional Confidence
On January 28, 2025, a number of significant trades took place, and taken together, they show a swelling institutional tide coming in to $MOVE. World Liberty Finance bought a huge amount, 2.39 million $MOVE tokens, on that day, and they weren’t the only buyers. Here’s how the day looked from the perspective of a series of big buyers:
– 588.9K $MOVE ($460.2K)
– 597.4K $MOVE ($466.87K)
– 601.9K $MOVE ($463.2K)
– 609.3K $MOVE ($468.94K)
Institutional investors are pouring money into $MOVE, judging by the size of several recent purchases. Such purchases are not retail trader business and should probably not be considered impulse buys. They likely indicate a growing seriousness about $MOVE among the kind of people who can really buoy a market. Retail investors often focus on the week-to-week, day-to-day, or even hour-to-hour trading that some might call “market timing.” We shouldn’t ignore the fact that some law professor writes a new rule book for which way the wind blows every couple of years.
The Importance of Institutional Accumulation
What happened at these institutions is so important we cannot overstate it. World Liberty Finance is now ambassadorial and engaging in significant accumulation of $MOVE tokens. That’s right; it’s not just World Liberty Finance that has accumulated $MOVE but also World Liberty Finance, together with whom we have further working at the institutional level with these tokens. Hmm. That’s interesting.
The institutional accumulation of $MOVE is timely, coming as it does just ahead of a token unlock. Events that occur on a large scale, such as a token unlock, can historically lead to price volatility. This is largely due to the fact that an unlock event increases supply in the market. However, the appearance of investors with deep pockets may help to absorb some of that supply and maintain price stability.
CoW Protocol: Real-World Utility Driving DeFi Adoption
Another key element of the recent activity is the engagement of CoW Protocol in the settling of these sizable transactions. CoW Protocol is a decentralized exchange (DEX) that provides users the ability to trade in a secure and efficient manner, ensuring optimal price execution. By electing to use CoW Protocol to settle these whale buys, World Liberty Finance is sending a clear signal that it has trust in tools and infrastructure associated with decentralized finance (DeFi).
Using the CoW Protocol for such big trades also points to the growing usefulness of $MOVE across DeFi. While DeFi has an inevitable part to play in the future of finance, $MOVE is well-integrated with DeFi platforms. As a result, the demand for $MOVE could very likely increase in step with the DeFi ecosystem. That is an increasingly likely reason to expect things like $MOVE to appreciate.
The Token Unlock: What to Expect
The unlock of $30.10 million in $MOVE tokens is just around the corner, but some observers are concerned that it could affect the token’s price negatively. That’s because when a token unlocks, there’s often an initial surge of selling as the newly unlocked tokens enter the market. And that selling can create enough downward pressure to push the price down. But to the extent that we buy strongly institutional demand for $MOVE tokens, we expect strong upward pressure on the price—potentially enough to counteract any price drops associated with the unlocking.
In addition, together with the appearance of a number of important institutions, the growing use of $MOVE in DeFi applications tells us something about the future of this token. We may very well be looking at a major utility token of the future that simply might not dip that much—as many cryptocurrencies tend to do—when we hit the bear phase again.
What This Means for Investors
For those investing in $MOVE, the recent series of developments could impart a very positive message: that the token might be en route to considerable growth, despite the not-so-distant prospect of an unlock. What we see as the recent institutional accumulation above $1.50 suggests some very deep-pocketed investors are forming a belief that $MOVE is a strong asset likely to appreciate over the long haul. Furthermore, the advent of $MOVE as a commonly used asset in the DeFi space could have significant positive implications for the token’s continued growth.
The next several days will be critical for $MOVE as the unlock transpires and the market responds. Should demand continue to outstrip supply, $MOVE might keep enjoying upward price momentum. On the other hand, if the market becomes saturated with newly unlocked tokens and intensified selling pressure sets in, the token could experience a little short-term volatility. But if you hold a long-term view, the recent whale activity and the application of CoW Protocol for DeFi transactions provide a couple of solid reasons to think that $MOVE has some very sturdy foundations for future growth.
Conclusion: Is $MOVE Ready for the Long Haul?
The unlock of $30.10 million in $MOVE tokens and the recent whale activity point to World Liberty Finance making serious strides in the cryptocurrency space. An increasing number of big-name, deep-pocketed investors seem to have a growing confidence in $MOVE’s potential. Its integration with decentralized finance platforms like CoW Protocol (commonly known as “CoW,” despite its somewhat unfortunate name) adds a layer of real-world utility that should keep this token relevant. While the extremely close price action of late could make some think otherwise, the unlock event itself—which takes place August 3, by the way—should not bring about any levels of price volatility one might expect from such a momentous occasion.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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Source: https://nulltx.com/move-token-unlock-and-whale-activity-whats-driving-the-surge/