Major token unlocks are scheduled for several cryptocurrencies in August 2025, including Ethena and Immutable, totaling over $120 million. These events are anticipated to impact market liquidity and cause short-term volatility.
Overview of Token Unlocks
Significant token unlocks are expected for Ethena (ENA) and Immutable (IMX), with releases totaling $95.8 million and $12.2 million respectively. Other cryptocurrencies such as IOTA and EigenCloud will also experience substantial unlocks. These unlocks are expected to affect a significant portion of the circulating token supply.
Market Reactions Expected
Experts predict short-term disruptions in the market due to substantial token releases. Despite anticipated impacts, Ethena displays a 9.61% increase over the last 24 hours, while it has decreased by 10.86% over the past week. Experts emphasize the need to monitor market reactions closely.
Observed Trends in the Past
Previous token unlocks, such as the May 2025 event for ENA, showed immediate price fluctuations followed by stabilization in the market. This observation suggests that while token unlocks may cause temporary volatility, the effects could be transient.
Overall analysis of the current situation highlights the potential for market volatility and the importance of monitoring market responses to upcoming token unlocks in August 2025.
