Does Celestia ( TIA ) bounce back after the token unlock?

The modular blockchain segment in the crypto market continues to show noticeable stagnation. According to a report by Artemis, tokens in this group have lost an average of 42% in just one month.

Prominent in the gloomy picture is Celestia (TIA), with a sharp decline of 44% in the same period. However, some traders seem to be quietly preparing for the possibility of recovery, as TIA is about to enter the next token unlocking phase.

TIA Token Unlock Schedule

According to data from DeFiLlama, Celestia is expected to release a new token on October 20th. The unlocking of this token is part of a periodic allocation plan, usually reserved for project development, investment, or rewards for collaborators.

Source: DeFiLlamaThe total value of tokens unlocked is estimated at around 939,000 USD, accounting for 0.012% of the total circulating supply of TIA. In particular, this unlocking event mainly focuses on rewarding early investors and core collaborators, through Seed, Series A & B, and Core Contributor groups, accounting for approximately 749,000 USD – equivalent to over 80% of the total tokens unlocked.

The remaining part, approximately 180,630 USD, is allocated for R&D and ecosystem development, aimed at supporting the protocol instead of creating selling pressure in the market. Since these tokens belong to long-term investors and project collaborators, the likelihood of an immediate sell-off is very low.

Signals from the Spot Market

Although the upcoming unlock is often seen as a negative signal, Spot investors seem to remain confident with this altcoin. In the past week, they have accumulated approximately $5.49 million worth of TIA – the highest weekly purchase level as of the week ending August 13.

Source: CoinGlassThis move reflects a gradually recovering bullish sentiment, not only among individual investors but also among institutions. On-chain data also aligns with this trend: activity on the Celestia network is improving. According to Artemis, the number of Data Availability transactions on the network has increased to 35,300 in the past 24 hours, indicating a rise in the use of the protocol and enhancing the utility of the token.

Derivative data indicates weak volume

On the contrary, data from the derivatives market reveals signs of weakness. The funding rate index — a measure of the general sentiment of investors — has turned negative, signaling a shift towards bearish positions.

The liquidation map ( also shows the balance between the Long and Short sides, reflecting that the market is lacking a clear trend.

![])https://img-cdn.gateio.im/webp-social/moments-5972b340e62afcc5616c27af0c3503b9.webp(Source: CoinGlassIn this context, until a stronger momentum appears, TIA is likely to continue to fluctuate within a narrow range. At the time of writing, TIA is trading around 5 USD, recording a decrease of 1.78% in the past 24 hours.

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