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$SPCX -linked crypto has a rolling supply problem well beyond the first session. Five more 7% slices of the same lockup group can release from August 20 through October 24, another 28% can release after Q3 results, and ordinary restrictions end December 8. Binance says eligible SPCXB users can convert 1:1 between BTech certificates and shares, giving equity selling a route into token pricing. $SPCX $USDT adds funding, margin and liquidation, so leveraged selling can run independently of employee sales. Bounces now face repeated supply windows and liquidation risk.