The cryptocurrency market is bracing for over $317 million in token unlocks scheduled over the next seven days. Major one-time cliff unlocks, each exceeding $5 million, are set for Sui (SUI), Jupiter (JUP), and EigenLayer (EIGEN), among others. These events could lead to short-term selling pressure as a large batch of tokens enters circulation simultaneously.
In addition to these cliff unlocks, several projects will continue their daily linear unlocks, including Dogecoin (DOGE), Worldcoin (WLD), and TRUMP, with daily releases surpassing $1 million. While linear unlocks typically have a more gradual impact, they can still influence market sentiment, especially in volatile conditions. Traders are advised to monitor these developments closely as they could affect liquidity and demand in the market.
$317 Million in Token Unlocks to Impact Crypto Market This Week
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