BIO token lockup analysis: TVL reached 9 million USD, long-term lock-up may drive price rise.

[Chain News] On August 21, it was reported that, according to data platform analysis, the $BIO Token has been steadily rising in the DeSci field, with the current total Lock-up Position (TVL) of Bio Protocol being approximately $9 million. About 70% of this is short-term Lock-up Position (1 to 4 weeks), about 30% is medium to long-term Lock-up Position, and 15.1% is locked for the longest period of 104 weeks. Analysts believe that the continuous growth of the medium to long-term Lock-up Position ratio may drive the Token price to rise, while the high proportion of short-term Positions may bring certain dumping pressure. If the medium to long-term Lock-up Position ratio further increases, $BIO may usher in a new round of price rise.