{"id":10162,"date":"2025-09-09T07:28:06","date_gmt":"2025-09-09T07:28:06","guid":{"rendered":"https:\/\/bitunikey.com\/news\/movement-price-gains-7-but-6m-token-unlock-could-threaten-rally\/"},"modified":"2025-09-09T07:28:14","modified_gmt":"2025-09-09T07:28:14","slug":"movement-price-gains-7-but-6m-token-unlock-could-threaten-rally","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/movement-price-gains-7-but-6m-token-unlock-could-threaten-rally\/","title":{"rendered":"Movement price gains 7% but $6M token unlock could threaten rally"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Movement has made gains but a looming $6 million token unlock on Sept. 9 threatens to stall the recovery.<\/p>\n<div id=\"cn-block-summary-block_cf06e88736ddb17edadecd6162b3c1cb\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Movement price is up 7% to $0.126 as trading volume jumps 65%.<\/li>\n<li>A $6M MOVE token unlock on Sept. 9 could pressure the rally.<\/li>\n<li>Monza upgrade drove 10x DEX volume and 61% TVL growth.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Movement (MOVE) is trading at $0.126 at press time, up 7% in the past 24 hours. The token has ranged between $0.1144 and $0.1262 over the past week, gaining 6% in seven days but still down 11% on the month. MOVE remains 91% below its all-time high of $1.45 from Dec. 2024.<\/p>\n<p>As the price recovered, trading activity has increased. MOVE\u2019s 24-hour trading volume was $32.8 million, up 65% from the day before. Similar momentum is seen in derivatives metrics.<\/p>\n<p>As per Coinglass <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/currencies\/MOVE\/futures\" target=\"_blank\" rel=\"nofollow\">data<\/a>, MOVE futures volume rose 50% to $38.9 million, while open interest climbed 4.3% to $51.2 million. Rising open interest combined with higher trading volume often signals renewed speculative demand.<\/p>\n<h2 class=\"wp-block-heading\">Rising DEX metrics amid Monza upgrade<\/h2>\n<p>The rally follows positive updates from the Movement team about its Monza upgrade. Since Sept. 5, the project has reported a 10x increase in decentralized exchange volume, a 12x improvement in latency, a 7x jump in stablecoin total value locked,\u00a0 and a 61% overall TVL increase.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">It&#8217;s time to pay attention \u26a1\ufe0f <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/GaKd1Y4vzh\">https:\/\/t.co\/GaKd1Y4vzh<\/a><\/p>\n<p>\u2014 Movement (@movementlabsxyz) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/movementlabsxyz\/status\/1964059295806308512?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">September 5, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>According to DeFiLlama <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/chain\/movement?dexsVolume=true&amp;groupBy=weekly\" target=\"_blank\" rel=\"nofollow\">data<\/a>, Movement\u2019s TVL now stands at $165 million, with DEX volume of $64 million in the first week of September and a $45 million stablecoin supply.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">MOVE token unlock could pressure price<\/h2>\n<p>Despite the bullish momentum, MOVE faces a key test with a Sept. 9 unlock of 50 million tokens, worth around $6.25 million, as per Tokenomics <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/tokenomist.ai\/movement\" target=\"_blank\" rel=\"nofollow\">data<\/a>. With 26.5% already in circulation and 73.5% still locked, the release accounts for 1.89% of the entire supply.\u00a0<\/p>\n<p>As new tokens hit the market, big unlocks often lead to selling pressure. MOVE may lose its recent gains if supply exceeds demand.<\/p>\n<h2 class=\"wp-block-heading\">Movement price technical analysis<\/h2>\n<p>On the daily chart, MOVE is attempting to break out of consolidation. As the price tests the upper band at $0.126, the Bollinger Bands are getting narrower, which could indicate an increase in volatility.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Movement daily chart. Credit: crypto.news<\/figcaption><\/figure>\n<p>In general, oscillators are neutral. The relative strength index is at 50, and there is no directional bias in the Williams%R, commodity channel index, or stochastic. Despite the mixed momentum readings, the MACD prints a buy signal.<\/p>\n<p>A mixed picture is painted by moving averages. The 30-, 50-, and 100-day averages are bearish, indicating longer-term weakness, while the 10- and 20-day EMAs are bullish. Immediate resistance is at $0.133, while key support is close to $0.112.<\/p>\n<p>The token may retest the $0.14\u2013$0.15 range if MOVE can maintain buying pressure above the 20-day EMA and absorb the unlock supply. MOVE may return to its monthly lows of $0.11 or less if it is unable to hold above $0.12, particularly if unlock-driven selling picks up speed.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Movement has made gains but a looming $6 million token unlock on Sept. 9 threatens to stall the recovery. Summary Movement price is up 7% to $0.126 as trading volume&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9628,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=10162"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10162\/revisions"}],"predecessor-version":[{"id":10163,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10162\/revisions\/10163"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/9628"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=10162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=10162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=10162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}