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According to a report by Jinse Finance, CryptoQuant analyst Axel stated on social media that during the current bull market cycle, there have only been 12 weeks with short-selling pressure equal to or greater than this week, accounting for about 7.3% of the entire cycle. This means that the level of selling pressure this week ranks among the top 7% of extreme historical levels, yet the price has rebounded to $117,000—a fact that can itself be seen as a positive signal.

According to official sources reported by Jinse Finance, the decentralized data platform Sapien has announced its tokenomics. The token is named $SAPIEN, with a total supply of 1 billion tokens. The main allocation is as follows: 47% is allocated to protocol development participants (contributors, builders, early supporters), and 53% is allocated to contributor incentives (task rewards, liquidity incentives, community treasury). The distribution plan is as follows: Seasonal airdrop accounts for 13%, with 130,000,000 tokens, 100% unlocked at TGE; Liquidity incentives account for 7%, with 70,000,000 tokens, 100% unlocked at TGE; Staking incentives account for 5%, with 50,000,000 tokens, 100% unlocked at TGE; Supporters/investors account for 26.82%, with 268,161,963 tokens, locked for 12 months and released linearly over 24 months; Team and advisors account for 20.18%, with 201,838,037 tokens, locked for 12 months and released linearly over 24 months; Contributor rewards account for 15%, with 150,000,000 tokens, released linearly over 36 months; Community treasury accounts for 13%, with 130,000,000 tokens, released linearly over 36 months.