- $AVAX and $SOL are leading this week’s token unlocks, totaling millions in value, significantly influencing market liquidity.
- Cliff unlocks will release tokens such as CONX and $SAND, impacting liquidity with significant percentage releases.
- Linear unlocks include $SOL and $WLD, with millions in tokens gradually entering the market over a period.
The cryptocurrency market is gearing up for a significant wave of token unlocks between February 10 and February 17. These unlock events, which are expected to release over $742 million worth of tokens, could create substantial volatility, particularly for well-known projects.
With tokens like $AVAX, $SOL, $SAND, and CONX set to unlock large portions of their circulating supply, liquidity in the market could be notably affected.
Cliff Unlocks: Large Token Releases Impacting Market Liquidity
Several cliff unlocks are poised to release major token amounts into circulation. Notably, CONX is set to unlock 4.33 million tokens worth $88.06 million, making up a striking 376.30% of its circulating supply. Similarly, $SAND will release 205.59 million tokens, valued at $79.34 million, equating to 8.41% of its total supply. These significant releases are expected to drive immediate liquidity changes.
According to Tokenomist, the single unlocking amount in the next 7d will be greater than $5m, including CONX $SAND $APT $BERA ARB $AVAX ZKJ ATH STRK SEI CYBER XCN, etc., and the linear large unlocking in the next 7d will include $SOL $WLD $DOGE TIA $AVAX TAO SUI DOT NEAR JTO ENS, etc.… pic.twitter.com/QjR00nuefI
— Wu Blockchain (@WuBlockchain) February 10, 2025
Other cliff unlocks include $APT, with 11.31 million tokens worth $64.35 million, and $BERA, unlocking 12.98 million tokens valued at $62.82 million. $AVAX will also release 1.67 million tokens, valued at $40.65 million, contributing to further shifts in the market. The impacts of these releases are likely to be felt quickly, as they represent a substantial portion of the respective tokens’ supply.
Linear Unlocks: Gradual Release of Tokens Over Time
Linear unlocks will also contribute to market shifts. $SOL leads the pack with 465.77 million tokens worth $93.05 million, which will be released over time. This gradual flow could influence the market on a larger scale, particularly for investors holding large positions in $SOL. Other major linear unlocks include $WLD, with 37.23 million tokens valued at $44.30 million, and $DOGE, set to release 95.52 million tokens worth $23.31 million.
$AVAX will unlock an additional 700,000 tokens valued at $16.84 million as part of a linear release. The gradual flow of these tokens could have long-term effects, keeping market liquidity in flux.
As the total value of these token unlocks surpasses $742 million, the coming week presents a critical period for the crypto market. Investors will need to monitor these releases closely as they could affect token prices and trading volumes significantly.