#ake $AKE today at exactly 16:00 UTC the AKE token will be unlocked, get ready to short for AKE
Note :

1. Approximately 2.13 billion AKE tokens (9.3% of the circulating supply) will be released according to RootData.

Instant Sell Pressure: If early investors or the team that receives those tokens immediately take profit (profit-taking) on exchanges like Gate or KuCoin, the price could drop sharply (dump).
2. Risk of Reversal (Dangerous Scenario)
Crypto markets often move contrary to general theory due to psychological factors:

Effect Priced In: Often, the price decline due to worries about the unlock has already happened before the event starts. Once the official token is unlocked, the price may instead sharply bounce up because the feared selling pressure does not materialize (the “Sell the rumor, buy the news” phenomenon).

Short Squeeze: Because many retail traders think the same way and take short positions ahead of the unlock, market makers or large investors (Whales) could intentionally push the price up to trigger mass liquidations on short positions (including yours) before the price is finally pushed back down.

Alright, have a good day all xoxo