A significant token unlock is anticipated this week, with a total value exceeding $303 million. These events could trigger price fluctuations in the cryptocurrency market.
What are Token Unlocks?
Token unlocks are pre-planned releases of tokens that were previously locked up. They are typically designated for early investors, project teams, ecosystem contributors, or treasury purposes. These releases follow a vesting schedule outlined by the project from the outset. When tokens hit the market, the circulating supply increases, which can pressure the price, especially if recipients decide to cash out.
Projects with the Largest Unlocks This Week
Among the significant unlocks, Tokenomist states that Aptos (APT) will release $50.78 million worth of tokens (1.75% of its supply), while Immutable (IMX) will unlock $10.43 million (1.31%). IO and AGI also feature prominently, with percentages exceeding 7% of their overall supply.
On the linear unlock side, Solana (SOL) leads with a $70.72 million release, representing only 0.09% of its supply. Other major linear unlocks include Worldcoin (WLD) at $33.60 million and DOGE with TAO, both unlocking over $16 million each.
What Traders Might Monitor
While none of the individual unlocks this week match the scale of previous $500 million+ events, the combined $303 million figure indicates substantial supply entering the market within seven days. Tokens with unlocks exceeding 1% of supply, such as TIA, WLD, ETHFI, and MORPHO, may experience noticeable price movements if trading volume does not absorb the new liquidity.
Token unlocks can significantly influence the cryptocurrency market, and traders are closely monitoring these events to gauge potential price fluctuations.