Token Unlocks: FF Leads Next Week’s Releases at $20.7M
Token unlocks will affect six crypto assets next week, with Falcon Finance (FF) leading by estimated value. Around 208 million FF tokens, worth about $20.7 million, are scheduled to unlock on 29 October at 9pm Beijing time, equivalent to 6.62% of its circulating supply.
Collector Crypt (CARDS) is due to release 59.26 million tokens on 30 October, valued at about $18.4 million and equal to 9.60% of circulating supply. Other scheduled token unlocks include 13.15 million SUI (about $12 million), 229 million KMNO (about $9.1 million), 36.82 million EIGEN (about $7.3 million), and 401 million SIGN (about $4.3 million). The releases are scheduled between 28 October and 1 November. Token unlocks can increase potential selling pressure, but the market impact will depend on recipients’ actions and demand.
Bearish
The scheduled token unlocks are a potential short-term supply overhang, so the overall near-term bias is bearish—particularly for assets with comparatively large unlocks relative to circulating supply, such as CARDS (9.60%) and FF (6.62%). Traders may price in possible selling ahead of the release dates, monitor exchange inflows and trading volume, or reduce exposure. However, an unlock does not mean tokens will immediately be sold: recipients may hold, stake, or distribute them gradually, and strong demand can absorb additional supply. Similar unlock events have often produced mixed outcomes, with price reactions depending on the size of the release, market liquidity, expectations already reflected in prices, and broader market direction. Longer-term effects are not necessarily negative; the key factors are how the newly available tokens are used and whether project adoption and demand keep pace with supply. The article provides no evidence of actual sales or a market-wide liquidity shock.