🚨 Token Unlocks Incoming: Brace for Volatility! 🚀
Keep a close eye on upcoming token unlocks – these events can significantly impact prices, especially during low-liquidity periods. Several projects with substantial market caps have unlocks scheduled between December 31st and January 3rd.
$SUI will unlock 0.55% of its supply (~$78.9M) on January 1st. While the percentage isn’t massive, the absolute value is high and could create short-term selling pressure.
BEAT (Audius) unlocks 2.12% (~$44M) on January 1st – a noteworthy percentage relative to its market cap, so holders should be cautious. $ENA (Ethena) unlocks 0.63% (~$20.1M) on January 2nd; given $ENA’s sensitivity to inflows, monitor price action closely.
EIGEN (EigenCloud) unlocks 2.07% (~$14.4M) on January 1st, a relatively high ratio for the project’s size. COCA unlocks 1.84% (~$13M) on January 3rd, and KMNO (Kamino) unlocks 2.20% (~$11M) on December 31st – right before the holidays, potentially amplifying volatility due to low liquidity. OP (Optimism) unlocks 0.75% (~$8.9M) on December 31st; while not huge, OP’s large token supply means the market will be watching.
Don’t assume every unlock leads to a dump, but combine unlocks with a weak market, and risks increase. Avoid FOMO during these periods. For long-term holders, use these unlocks to observe fund flows and identify who’s selling and who’s absorbing. Protecting capital is priority number one as we close out the year. 🛡️
#tokenunlocks #CryptoAlert #MarketAnalysis #DeFi 📈
