$ICP Long-term Locking .. Target : 18 $ → 25 $
The amount of $ICP staked for 8 years just surged by 111,000 overnight, and now 62.87% of all staked ICP is locked for the full duration of 8 years.
This is not normal behavior, it’s a deep conviction.
When long-term staking increases, the liquid supply decreases…
and when the liquid supply decreases, the price reacts quickly.
This type of locking pressure is the fuel for the next big step.
