A massive $486 million worth of tokens is set for release this week in the crypto market, involving major projects and both one-time and daily unlocks.
Next week, $122.7 million in cryptocurrencies will be unlocked, potentially impacting altcoin markets.
Ethena is set to unlock 2.07 billion ENA tokens worth $728 million on March 5, significantly impacting its total circulation.
Nearly $973 million in token unlocks and critical macroeconomic data releases await crypto investors next week.
Major crypto projects face a $742M supply test as token unlocks challenge liquidity and price action.
Expect volatility for Solana in February 2025 as it faces mixed signals; potential futures contracts could boost prices, while a large token unlock threatens to lower them.
Cardano whales sold off $69 million worth of ADA before a token unlock, expected to affect volatility. ADA's price stands at $1.23, with sell-off potentially impacting its value. The token unlock on December 6 will release 18.53 million ADA, influencing market dynamics and possibly altering Cardano’s uptrend.
Celestia's $890 million token unlock could cause a price dip, with possible volatility and increased selling pressure. OTC sales might reduce the impact, but the overall bear trend suggests a potential price drop below $5.