LINEA declined roughly

↘15%

over the past month ahead of a

that will add 3.5% to circulating supply, as selling pressure dominates.

Selling pressure across the board

LINEA dropped roughly

↘15%

over the past month, with more sellers than buyers and price trading near its 24-hour low, while the upcoming token unlock adds to supply concerns.

Token unlock adds supply pressure

The scheduled token unlock

will release 1.08 billion tokens worth approximately $2.42 million, adding 3.5% to the current circulating supply.

Trading activity cooling off

The number of active traders dropped roughly

↘15%

over the past day while overall trading positions decreased approximately

↘3.5%

, signaling reduced market interest.