Over $653 million in token unlocks between Oct and Nov 27 SUI, SOL, TRUMP, and ASTER will generate increased volatility and market focus.
The crypto market is gearing up to have a huge unlock amounting to more than $653 million this week.
According to tokenomist data, there was a combination of one-time cliff unlocks and daily linear releases in the top blockchain projects between the 27th of October and the 3rd of November.
The summit of the cliff unlocks, and SUI issues the additional amount of tokens worth 119.13million dollars. GRASS is next unlocked with a value of $80.7 million, comprising 72.4 percent of the total supply.
Other recognizable cliff unlocks include EIGEN ($43.8 million), JUP ($23.6 million), and OMNI ($20.8 million). Projects like ENA, ZORA, KMNO, OP, IMX, SIGN, and ZETA will launch up to 10-50 million dollars.
Significant volumes will also be unlocked by major projects every day: SOL ($100.8 million), WLD ($35.4 million), TRUMP ($30.6 million), DOGE ($19.9 million), AVAX ($14.6 million), ASTER ($11.7 million), and TAO ($10.5 million). Between $6 million and $9 million will be unlocked by ETHFI, TIA, and DOT this week.
SUI’s Massive Unlock Raises Eyebrows
The largest single-event unlock value of the week is the release of 43.96 million tokens by SUI, valued at $119 million.
The unlock represents 1.21 percent of the SUI total supply, and it has generated interest within the community due to its high trading indicators and enhanced participation.
Daily Token Unlocks Add to Market Movement
The most active linear token unlocks are observed in Solana, which releases more than 100 million tokens during a week.
Other projects that will also supply large quantities daily to the circulating supply are the TRUMP and the ASTER projects.
Analysts believe that large market cap tokens like SOL, DOGE, and AVAX will exhibit reduced price volatility due to their size and liquidity.
Market Impact and Trading Sentiment
The unlock events usually lead to short-term selling pressure. Such tokens as GRASS, with 72.4 percent of supply unlocked, are vulnerable to abrupt price changes in particular.
On the other hand, bigger projects are more likely to be resilient when there is an unlock event. This results in a more liquid and market-absorbing environment, particularly in such ecosystems as SUI and TRUMP that have registered high volumes of pre- unlock trading.
