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Alan Rogers highlights several crypto projects with the highest venture capital supply pressure relative to their circulating supply.
According to Rogers, ZRO, ES, ID, EIGEN, and XION are notable for their significant unlock amounts and strong VC dominance, with unlocks ranging from $1.09M to $15.18M. These figures indicate increased potential for market impact from VC holdings.
Rogers has recently tracked major moves in crypto market metrics. He reported that USDT's market cap dropped by $1.2 billion in less than 24 hours. In a separate note, he observed that Bitcoin's largest holders paused accumulation as the market cap stood at $2.554 trillion. These observations provide context for current concerns over VC-related supply pressure.