Solana's co-founder dropped an interesting take on token unlock economics recently. Here's the deal: when you've got locked tokens sitting around, even the bulls find themselves playing a calculated game. They'll dump their unlocked holdings into the open market, then scoop up those same tokens at a discount from lock-up agreements. It's essentially arbitrage built into the tokenomics structure itself. The spread between liquid and illiquid versions of the same asset? That's not a bug—it's a feature that savvy players exploit. Makes you wonder how many "long-term believers" are actually just working both sides of the unlock schedule.