The pressure to unlock over $268 million worth of tokens in the next 7 days could have a significant impact on the cryptocurrency market.
According to data from Tokenomist, the cryptocurrency market is poised to face significant token unlocking pressure within the next seven days, as several large-scale allocations are scheduled. For one-time unlocks, tokens with unlock values exceeding $5 million include H, XPL, JUP, SOON, MBG, and UDS. These unlocks could cause short-term volatility, particularly for assets with low liquidity or weak demand.
Additionally, several large tokens will undergo a linear unlocking mechanism, with the daily token issuance exceeding $1 million during the same period. This group includes RAIN, SOL, TRUMP, WLD, DOGE, AVAX, and ASTER. Although gradually distributed, the cumulative impact could still affect market sentiment.
The total value of tokens unlocked over the next seven days exceeds $268 million, making this a crucial period for investors to closely monitor supply and demand dynamics and price reactions.
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