Kaito Faces 25.1M Token Unlocks, Analysts Advise Waiting Until October

Upcoming unlocks of 25.1M Kaito tokens in August and September prompt analyst warnings of manipulation. Investors are advised to wait until October for clearer market signals.

Woofun AI reports that crypto analyst cryptopainter identified significant token unlock events for the Kaito protocol. The address base:0x98d0baa52b2d063e780de12f615f963fe8537553 is scheduled to release 18.53 million tokens on August 20, followed by an additional 6.58 million tokens between September 16 and 17. The analyst characterizes recent positive news cycles coupled with price pumps as potential manipulation tactics aimed at facilitating sell-offs.

The analyst advises waiting until after October to re-engage with Kaito positions. He stated that a true entry signal requires spot prices to fall significantly below futures prices, accompanied by positive funding rates and sharp price drops. Until such conditions emerge, he recommends caution, noting that most large-scale unlocks have been hedged or closed out, leaving spot supply unreleased.