Token unlocks of $585 million over next 7 days … supply pressure re-emerges

A concentrated schedule of large token unlocks over the coming week may increase short-term supply pressure on some altcoins.

On the 29th (local time), according to Tokenomist data cited by UBlockchain, tokens subject to "cliff unlocks" with a single unlock size exceeding $5 million include Hyperliquid (HYPE), Sui (SUI), Eigen (EIGEN), Kamino (KMNO), Optimism (OP), Ethena (ENA), Zora (ZORA), and SVL (SVL). These supplies are released into the market all at once at a specific time, which can be a factor that increases short-term price volatility.

During the same period, tokens subject to "linear unlocks" that release more than $1 million per day sequentially include Rain (RAIN), Solana (SOL), OfficialTrump (TRUMP), Worldcoin (WLD), Dogecoin (DOGE), Avalanche (AVAX), and Aster (ASTER). Linear unlocks may have limited immediate impact, but if accumulated they could act as sustained selling pressure.

The total unlock amount over the next 7 days was calculated to exceed $585 million. In the recent low-liquidity market, such an increase in supply could directly affect the supply-demand structure of individual tokens.