RIVER sees a 40.1% fluctuation in 24 hours: spikes to $31 after unlocking 1.36% of supply, then retreats as the market absorbs and profits are taken
Bitget Pulse2026/03/24 00:19Brief Volatility Overview
In the past 24 hours, RIVER price surged from a low of $22.4406 to as high as $31.4359, then retraced to the current $22.5024, with a fluctuation amplitude of 40.1%. The 24-hour trading volume ranged between $52 million and $66 million, up about 35% compared to the previous day, and the market capitalization is approximately $459 million.
Brief Analysis of the Cause of the Movement
• On March 23, 1.36 million RIVER tokens were unlocked (about 1.36% of total supply, valued at roughly $38 million), about four times the scale of previous unlocks. This tested the market's absorption capacity and led to a price pump followed by a dump.
• After the unlock, the price briefly spiked to nearly $33, but with selling pressure from unstake profit-taking, a pullback was triggered.
• Trading volume surged to $66 million, supporting short-term liquidity. However, there were no significant whale transfers or official announcements recorded.
Market Opinions and Outlook
Community sentiment shows 61% are bullish. The prevailing view is that $24-25 serves as key support. Historically, price tends to dip first then recover after unlock events, but short-term concerns include an overbought RSI and further selling pressure. Analysts suggest monitoring the continuation of Season 4 airdrops and TVL stability (currently $89 million). If the $23 low holds, a rebound to test resistance at $27.5 may follow.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring and is for informational reference only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Countdown to Walsh’s Debut at Jackson Hole: Fed Guidance Remains Unclear, Long-term US Treasuries Face Further Sell-off Risk
U.S. long-term bonds face the risk of a larger sell-off due to the lack of clear guidance from Watson.

NVIDIA Earnings Collide with Jackson Hole! The Market Faces Multiple Tests This Week: AI Faith, Inflation Dilemma, and Fiscal "Surprise" in Resonance
Investors will face another intensive week with five consecutive trading days of major events. Trump plans to announce economic countermeasures against Iran; AI giant Nvidia (NVDA.US) will release its financial report, marking the end of the earnings season for major tech companies.

SEC’s Regulation Crypto Assets proposal creates first dedicated securities framework for token issuers
Bittensor Crypto Rallies to $243, but Overbought RSI of 72 Flashes Warning
