$2 Billion Token Unlocks: Will It Lead to a Longer Bear Market? 

• The next two months are expected to witness a massive $2 billion token unlock of various altcoins.
• 10x Research warns that the token release will result in an impending bear market.
• The platform asserts that the token unlock will limit the breadth and duration of the prevailing bull market.

A prominent crypto analytics platform, 10x Research, recently warned against an impending bear market driven by the $2 billion token unlocks in the upcoming days. The platform asserted that the current bull market is likely to stay shorter and unlikely to culminate in a broad altcoin rally.

Beware of Token Unlocks. Will Venture Capital Funds cut this Altcoin cycle short?

1-12) The current cryptocurrency bull market cycle might be shorter than previous ones and unlikely to culminate in a broad altcoin rally. Are the crypto venture capital funds to blame?

2-12)… pic.twitter.com/nICNYmtDyK

— 10x Research (@10x_Research) May 8, 2024

Reportedly, the crypto market is expected to witness a massive unlock of various altcoins in the next two months. For instance, tokens like Aptos (APT), Starkware (STRK), and Arbitrum (ARB) are set to unleash $97 million, $79 million, and $94 m…

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