Berachain Denies Rumors of 10 Million Token Unlock
Berachain (BERA) staff have refuted claims regarding a 10 million BERA token unlock this week. This rumor gained traction after Tokenomist featured BERA among tokens with significant upcoming unlocks. To provide context, 10 million BERA accounts for 2% of the total token supply.
Tokenomist suggested that Berachain is preparing for a linear token unlock exceeding $1 million daily over the next week, placing BERA alongside other tokens anticipating large-scale unlocks, with a total value exceeding $132.1 million.
As the news circulated, worries about a potential BERA dump arose, with recent price performance linked to anticipated sell-offs.
> $Bera
> There is ONLY one reason why this crap is pumping !!
> (Whales want to get Paid, to dump after)
> All you have to do is Make sure to NOT get liquidated as I trained You !!
> And have Patience .. pic.twitter.com/VlJQ5HtXos
> — MWhalekiller (@MWhalekiller) March 2, 2025
However, Berachain Foundation’s Nezha clarified the matter on X, stating that a distribution is planned, but it will occur as part of an airdrop rather than a typical token unlock.
> Source: X post by Berachain’s Nezha
These tokens are allocated to users who deposited funds into Boyco, Berachain’s liquidity acquisition marketplace. Rather than being freely released, these tokens will be rewarded to users in a lump sum when their deposits mature in early May.
> Thanks for the clarification. Important to note: $BERA’s actual unlock is 2% of supply from Boyco deposits, coming in May – not this week as reported. Facts matter.
> — 灵台智库 | AI & 美股资讯 (@heavenlypulse) March 3, 2025
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