A RootData calendar entry lists a Bondex unlock on February 3, 2026. The entry shows 31.97M BDXN unlocking today, valued around $0.47M, and labeled as 19.966% of circulating supply.
The event appears as a scheduled token unlock, with no specific time displayed in the calendar view.
Unlocks change short-term supply dynamics, not intent. A large percentage unlock can pressure price discovery if recipients sell, hedge, or post collateral fast. Impact tends to rise when liquidity is concentrated and order books are thin. In that setup, even modest exchange deposits can widen spreads and increase slippage.
The fastest way to validate the unlock mechanics is to connect the calendar entry to on-chain sources.
Start with the BDXN token contract and identify the largest holders and any vesting or distributor contracts.
Then confirm who receives the unlocked tokens and under what category.
Common categories include team allocations, investors, ecosystem incentives, and liquidity provisioning.
Bondex’s official pages on Bondex and its token materials for $BDXN can help map expected schedules and design intent.
The unlock becomes market-relevant when tokens start moving.
If unlocked BDXN routes toward exchange deposit clusters, the probability of near-term selling rises.
If tokens move to custody wallets with no exchange linkage, the effect can be more psychological.
Clustering is the key signal.
A few large transfers to exchange-linked wallets often matter more than many small internal moves.
Unlock size matters less than unlock size versus liquidity.
Compare 31.97M BDXN to average daily volume and visible order book depth on the main venues.
If volume is low, avoid assuming the market can absorb size without price impact.
During large unlock windows, traders often avoid thin-liquidity market orders.
They watch exchange inflows, wallet clustering, and whether recipients distribute immediately.
If spread widening appears, limit orders and smaller sizes typically reduce slippage.
Bondex’s unlock is notable because the calendar entry frames it as nearly 20% of circulating supply.
The cleanest confirmation comes from on-chain routing: the unlock source, recipient categories, and any exchange deposit clustering that follows.
The post Bondex Unlock Today Releases 31.97M BDXN, Nearly 20% of Circulation appeared first on Crypto Adventure.
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