Celestia’s TIA Posts Biggest Monthly Gain This Year Even as Impending $1.13B Token Unlock Spurs Hedging

TIA has outperformed the CoinDesk 20 Index this month by a large margin. There has been an increase in TIA hedging demand ahead of a Oct. 30 token unlock, Wintermute said. Bearish short positions, likely representing hedging, have been crowded out, funding rates suggest.

TIA, the token of data-availability

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Source: Coindesk.com