Major altcoins to undergo large unlocks over the next week… totaling $237 million

Suehyeon Lee

Summary

UBlockchain data reported that major altcoins have large token unlocks totaling $237 million scheduled over the next week.
In particular, Conex(CONX), Aptos(APT), and Starknet(STRK) are expected to see large unlocks of more than $5 million.
Analysts warned that attention is needed due to increased selling pressure on individual coins and heightened volatility in the short term.

Major altcoins are facing large token unlocks totaling over $200 million in the coming week.

On the 8th (local time), UBlockchain, citing Tokenomist data, reported that tokens scheduled for a single large token unlock of more than $5 million in the coming week include Conex(CONX), Aptos(APT), Starknet(STRK), Cheel(CHEEL), Linea(LINEA), BounceBit(BB), and others.

There are also many token unlocks releasing over $1 million per day, including Solana(SOL), OfficialTrump(TRUMP), Worldcoin(WLD), Dogecoin(DOGE), Aster(ASTER), Avalanche(AVAX), and Bitensor(TAO).

Tokenomist estimates that the potential supply to be released into the market, based on daily and weekly totals, exceeds $237 million. Analysts say this could act as a factor that increases short-term selling pressure on individual coins and expands volatility, so caution is needed.