566M in Token Unlocks This Week Could Weigh on Crypto Prices
This week more than $566 million in crypto tokens are set to enter circulation through major unlocks, according to CoinGecko. Projects executing significant one-time token unlocks include Hyperliquid (HYPE), Plasma (XPL), Jupiter (JUP), Kamino (KMNO), Optimism (OP), ZORA, Humanity Protocol (H), and SAHARA. Daily linear unlocks exceeding $1 million involve Solana (SOL), Official Trump (TRUMP), Worldcoin (WLD), Dogecoin (DOGE), ASTER, Avalanche (AVAX), Bittensor (TAO), Zcash (ZEC), and ETHFI. Large token unlocks increase circulating supply, potentially placing short-term downward pressure on prices if demand lags. These token unlocks combine for over $566 million, adding selling pressure during a fragile market rebound after more than $1 trillion in losses since October. Bitcoin (BTC) and Ethereum (ETH) have shown tentative gains—BTC near $87 040 and ETH around $2 842—but remain sensitive to supply shocks. Traders should monitor unlock schedules and liquidity trends closely, as token unlock events can drive volatility and influence crypto trading sentiment.
Bearish
Large token unlocks inject significant new supply, which historically has exerted short-term bearish pressure when demand does not match. Past events—such as major vesting unlocks on Ethereum and Solana—triggered increased sell orders and volatility. With over $566 million entering circulation amid a fragile rebound, traders may face heightened downside risks. In the long term, markets may absorb the supply if network fundamentals and demand improve, but the immediate effect is likely bearish, driving liquidity shifts and cautious trading.