Resolv team member Tim Shekikhachev stated on X that Resolv has released more than 15% of its token supply to the market, including airdrops, market maker inventory, and incentive budgets. Most of this went to early users who supported the protocol long before the token was generated. Some investors shorted the token in anticipation of a public market sell-off and planned to buy it back at a lower price. Considering the aggressive selling that often occurs after airdrops, this strategy makes sense. Savvy investors will want to re-enter at a lower valuation to obtain greater returns.
Tim added, "The Resolv Foundation has not sold any tokens during this period. In fact, we are strong buyers at the current price—we have purchased 1,600,000 RESOLV in the past 24 hours at an average price of approximately $0.15." [Odaily星球日报]

Resolv team denies sell-off rumors: 1.600.000 RESOLV have been repurchased at a price of $0.15 in the past 24 hours