Crypto Token Unlocks: Over $278 Million Set to Hit the Market This Week

TLDR

• Cliff token unlocks from CONX, AVAX, APT, and STRK will inject over $56 million into the market this week.
• STRK leads cliff unlock volume with 127 million tokens valued at $6.28 million.
• RAIN dominates linear unlocks, releasing $86.65 million in value, 2.59% of its total supply.
• SOL and CC follow with daily token unlocks valued at $41.52 million and $32.34 million, respectively.
• Combined cliff and linear token unlocks exceed $278 million, impacting short-term liquidity across multiple assets.

This week, the market will brace for token unlocks from February 9 to February 16 across Cliff and Linear token unlocks. These unlocks will introduce over $278 million worth of tokens into circulation, potentially impacting short-term market behavior.

Cliff Token Unlocks Set to Inject Over $56 Million

According to a summary prepared by Wu Blockchain, in the cliff token unlocks category, four major projects will release notable token volumes. CONX will unlock 1.32 million tokens worth $15.72 million, accounting for 1.56% of its adjusted released supply.

AVAX will release 2.37 million tokens, valued at $21.51 million, increasing its supply by 0.45%. APT is scheduled to unlock 12.46 million tokens worth $13.32 million, contributing 0.76% to circulation. STRK will release the largest amount by volume, unlocking 127 million tokens valued at $6.28 million, which equals 4.61% of its supply.

Linear Token Unlocks to Release Over $221 Million

On the other hand, linear token unlocks began today and will continue until February 16. RAIN will unlock 9.45 billion tokens worth $86.65 million, representing 2.59% of its supply. SOL will release 477,990 tokens, valued at $41.52 million, representing only 0.08% of its supply.

CC will unlock 191.71 million tokens valued at $32.34 million, adding 0.46% to circulation. TRUMP will release 6.33 million tokens worth $21.26 million, equal to 1.30% of the supply.

RIVER will inject 1.25 million tokens, worth $15.77 million, into the market, representing 3.17% of the adjusted supply. WLD will release 37.23 million tokens valued at $14.8 million, representing 0.80% of the total supply. DOGE rounds off the list with 94.8 million tokens worth $9.16 million, impacting only 0.06%.

These token unlocks signal an increase in liquid supply for multiple assets. Cliff token unlocks introduce abrupt liquidity events, while linear unlocks apply steady distribution pressure. RAIN, SOL, and AVAX dominate in terms of value, while STRK and RIVER lead in percentage impact.

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Source: https://blockonomi.com/crypto-token-unlocks-over-278-million-set-to-hit-the-market-this-week/