According to CoinMeta, Anthropic is preparing for IPO, planning to adopt an unconventional lock-up structure that allows some early investors and employees to sell their shares before the traditional 180-day restriction expires. The planned release dates are as follows: Day 1: Some shares can be sold; Day 27: Additional shares are unlocked; Day 48: Further shares are released. The number of shares that can be sold has not yet been disclosed. The key point is that this phased lock-up may lead to selling pressure and volatility after Anthropic IPO.