TechFlow reports that on January 16, following changes to the API access permissions of the InfoFi application on the X platform, the KAITO token price dropped by 19% within 24 hours. Currently, over 25.79 million KAITO tokens (approximately $14.16 million) are staked across 17,754 addresses.
According to @rudexxx's Dune dashboard, due to a 7-day cooldown period required for unstaking, these tokens are now forced to endure value depreciation. The chart shows that nearly 4.85 million KAITO tokens will unlock on day 7, significantly exceeding previous days' levels.
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