Celestia Founder: The team currently holds a reserve of over $100 million, with cash flow to support operations for over 6 years

BlockBeats News, June 24th, Yesterday, Twitter user 0xCircusLover posted a tweet revealing that "Celestia's executive team will unlock all tokens in October 2024. In addition, Celestia founder Mustafa Al-Bassam sold over $25 million worth of TIA tokens over-the-counter and moved to Dubai."

In response, Mustafa today tweeted seemingly suggesting, "I have been involved in the cryptocurrency field since 2010 and I understand that surviving in this industry requires unwavering spirit to withstand various challenges because all tokens at some point in their lifecycle will experience a 95% drop. We have over $100 million in reserve funds, and our cash flow can support operations for over 6 years, so we are prepared for a long battle, no matter how long it takes."