$600 million in token unlocks set to hit the market…Overhang from Sui, Ethena, World and others

Suehyeon Lee

Summary

It said major altcoins are scheduled for large-scale token unlocks over the coming week, likely increasing the market’s supply overhang.
It noted total unlock volume is expected to exceed $643 million, and that a near-term rise in circulating supply could amplify price volatility.
It added that with market liquidity recently constrained, an increase in supply could act as selling pressure.

Forecast Trend Report by Period

Large-scale token unlocks are scheduled across major altcoins over the coming week, likely adding to supply overhang in the market.

According to Tokenomist data cited by Wu Blockchain on the 30th (local time), projects set for one-off unlocks of more than $5 million within the next seven days include Hyperliquid (HYPE), Sui (SUI), Ethena (ENA), GUNZ (GUN), Opinion (OPN) and EigenLayer (EIGEN).

A number of linear unlocks of more than $1 million per day are also in the pipeline. These include RAIN (RAIN), Solana (SOL), Canton (CC), Official Trump (TRUMP), Worldcoin (WLD), Dogecoin (DOGE) and Bittensor (TAO).

Total unlocks are estimated to exceed $643 million. The market is watching the risk that a large wave of unlocks could boost circulating supply in the near term and amplify price volatility. With market liquidity recently constrained, some warn the added supply could also translate into stronger selling pressure.