Cronos (CRO): 1.17 billion tokens leave the Strategic Reserve, eleven times the daily turnover

Overnight into October 17, the Cronos network released around 1.17 billion CRO. That is about 2.33 percent of the circulating supply, and depending on the data provider the tranche is worth between $69.5 million and $73 million. It was the largest scheduled token unlock of the week across the entire crypto market. The tokens did not go to the team or to early backers: they went in full to the network's Strategic Reserve. If you hold CRO in Germany, the size itself matters less than the ratio.