Let me explain the logic of token unlocking again!!!

First, unlocking represents increased liquidity for this token, which is definitely a negative news! However, there are many types of unlocks: one type is held by retail investors, and another by institutions!!! Retail investors may just sell, sell, sell, while institutions may drive the price up before selling!!!

SOL also unlocked 80% of its total supply in December 2020. Although there was a pullback after the unlock, SOL surged over 100 times again in 2021.

On October 1, SUI unlocked approximately 64.19 million tokens, worth about $120 million. Among the unlocked tokens, the investors unlocked 39.16 million tokens, which accounted for more than half of the total unlock amount. However, SUI did not experience significant volatility, falling from $1.93 to $1.65 on the same day, a drop of only 0.97%.

Although there was some subsequent correction, the price trend was extremely strong. A week after the unlock, on October 13, it even hit a historical high of $2.368.

Another MOVE system public chain, APT, also unlocked 11.31 million tokens on October 12, worth approximately $100 million, of which investors unlocked 2.81 million tokens.

Instead of falling, it surged by 16.55% that day, briefly reaching around $10. On October 22, the APT token price jumped above $11, setting a new high since May 2024.

Even the long-sluggish layer 2 token ARB saw a slight increase after unlocking, without any so-called major drop. ARB unlocked 92.65 million tokens on October 16, worth approximately $49.4 million. On the day of the unlock and the next day, ARB experienced a total decline of about 3.7%, dropping from $0.58 to $0.54, but soon after, it rose for three consecutive days, increasing the price above $0.6.

Of course, there is also the significant unlock of WLD, which has been continuously declining!! Overall, unlocking is a double-edged sword. If the market maker has the tokens, they will find a way to release them, either by dumping directly or driving the price up to sell!! Generally, tokens with upcoming unlocks are not played in the short term! TIA also has a large unlock coming soon, so I won't be playing this!!!