Next Week’s Token Unlocks: SUI $145M, ENA, IMX & ZETA
Next week will see significant token unlocks for SUI, ENA, IMX and ZETA. SUI unlocks 44 million tokens, worth $145 million (1.25% of supply), on Sept 1. ENA unlocks 40.63 million tokens (0.64%) on Sept 2, valued at $27.1 million. IMX unlocks 24.52 million tokens (1.27%) on Sept 5, worth $12.8 million. ZETA unlocks 44.26 million tokens (4.55%) on Sept 1, worth $8.4 million. These scheduled token unlocks could increase circulating supply and may affect short-term trading dynamics. Traders should monitor market responses around unlock dates.
Bearish
Increased supply from unlock events can create selling pressure, often leading to short-term price dips. Historical token unlocks, such as previous SUI or Ethereum-based project unlocks, have triggered temporary volatility as holders sell newly unlocked tokens. However, these events are scheduled and widely anticipated. Market participants often price in the unlock dates well in advance, which can temper the immediate impact. If underlying project fundamentals remain strong, long-term price stability or growth is possible. Given the scale of unlocks—particularly the $145 million SUI release—traders should expect heightened trading volume and monitor liquidity conditions. Overall, the news is bearish in the near term but neutral to slightly positive over the longer horizon.