Yeah in the short run it may it might cause a little more downward pressure, however more trading volume is good for the market, and those that sold high would ten have more cash available to buy back the dips, causing a positive feedback loop. More volume the better for trading altogether.
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I'm not sure about that. Look at e.g. ETH. The more people lock in their in ETH 2.0, the less there is available for trading. When there is demand, and not a lot of supply, prices go up.
If this happens, then the hive will go down and come up.