2025-12-08 04:30:19

LINEA Token Faces Mounting Pressure: What's Behind the Drop?

LINEA's struggling lately, down 1.29% and looking worse when you zoom out—off 19% this week, 29% over the month. Not pretty.

Here's what's happening: That $230M airdrop? Yeah, 92% already claimed. Predictable result: sellers flooding the market. But wait, there's more—December 10th brings a 1.38 billion token unlock. That's dilution on steroids.

Technically? Price sitting below every major moving average. RSI's creeping toward oversold territory, which could mean either a bounce or capitulation.

The unlock's the real wildcard here. Will existing holders absorb it, or are we looking at another leg down? Market's pricing in uncertainty right now.

LINEA-3.05%

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SundayDegen

· 12-11 04:21

92% of the airdrops have been claimed. Now it's just a dumping contest? The unlock on December 10th is really scary. If it drops further, it'll depend on who can still hold up.

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LiquidationHunter

· 12-11 03:56

92% of the airdrop has been dumped, and there are still 1.38 billion unlocking in December... This is a ticking time bomb, and no one is willing to take the bait.

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BearMarketSurvivor

· 12-10 13:32

92% of the airdrops have been claimed, so it's probably going to dump... On December 10th, there's also a 1.38 billion unlock. I see it clearly.

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GateUser-40edb63b

· 12-08 05:00

92% of the airdrop has been claimed, so now the dump army is fully assembled. Plus, there will be 1.38 billion tokens unlocked on December 10th... Do you think this will be a rebound or will the beatings continue?

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AlgoAlchemist

· 12-08 04:57

92% of the airdrop has already been claimed, a bunch of people are rushing to dump, and there's a major unlock coming up. This situation is really not looking good.

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hodl_therapist

· 12-08 04:55

92% of the airdrops have been claimed, and the sellers' alliance has started dumping directly... Now the unlock wave on December 10 is truly the kiss of death.

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AirdropHunter9000

· 12-08 04:54

92% of the airdrop has already been claimed... Now the dumpers are coming. The unlock on December 10th is even crazier—1.38 billion tokens? It’s going to take forever for the price to recover.

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ApeWithNoChain

· 12-08 04:48

92% of the airdrop has already been claimed? Well, now the selling pressure is guaranteed... Still have to wait for that 1.38 billion dump on December 10th, unbelievable.

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