Altcoin unlocks cluster… supply overhang of roughly $500 million seen over the next seven days

An analysis suggests that a heavy slate of large token unlocks over the coming week could heighten short-term supply-demand pressure, particularly for certain altcoins.

According to data from Tokenomist cited by WuBlockchain on the 25th (local time), tokens subject to “cliff unlocks” — where a single unlock exceeds $5 million over the next seven days — include Hyperliquid (HYPE), Sui (SUI), Eigen (EIGEN), Kamino (KMNO), Optimism (OP), Ethena (ENA), Zora (ZORA) and Slash Vision Labs (SVL). Because these tokens enter the market in a lump sum at a specific point in time, they are viewed as a factor that could amplify near-term price volatility.

Over the same period, “linear unlocks” — in which more than $1 million per day is released sequentially — include Rain (RAIN), Solana (SOL), Official Trump (TRUMP), Worldcoin (WLD), Dogecoin (DOGE), Avalanche (AVAX) and Aster (ASTER). Linear unlocks may have a more limited immediate price impact, but if they accumulate, they could translate into persistent selling pressure.

The total amount of token unlocks scheduled over the next seven days was tallied at more than $585 million. With market-wide liquidity recently thin, this increase in supply is seen as likely to directly affect the supply-demand dynamics and near-term price action of individual altcoins.