Token unlocks worth $278 million set for the next seven days…focus on altcoin supply-demand overhang

Source
Suehyeon Lee

Summary

  • It reported that the total scheduled token unlock volume over the next seven days was estimated to exceed $278 million.
  • It reported that cliff unlock supply from Connext (CONX), Avalanche (AVAX), Aptos (APT) and Starknet (STRK) was cited as a driver of short-term volatility.
  • It said that linear unlocks in tokens such as Solana (SOL), Dogecoin (DOGE) and Worldcoin (WLD) could, if accumulated, act as persistent selling pressure.

Forecast Trend Report by Period

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Photo=Wooblockchain
Photo=Wooblockchain

With large-scale token unlocks scheduled over the coming week, analysts say short-term supply-demand pressure could increase, particularly for some altcoins.

According to Wooblockchain on the 8th (local time), citing data from Tokenomist, tokens subject to “cliff unlocks” with a single unlock amount exceeding $5 million over the next seven days include Connext (CONX), Avalanche (AVAX), Aptos (APT) and Starknet (STRK). Because these tokens are released to the market in a lump sum at a specific point in time, they are seen as a factor that can amplify short-term volatility.

Over the same period, tokens subject to “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) and River (RIVER). While the immediate impact of linear unlocks may be limited, assessments suggest that if they accumulate, they could act as persistent selling pressure.

The total volume of token unlocks scheduled for the next seven days was estimated to exceed $278 million. With market liquidity recently tightening, the overlap of unlock schedules may keep investors on alert over the supply-demand dynamics of individual tokens.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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