Token Unlock Details Analysis: SUI, OP, ZETA, ENA, KAS

Unlock events usually have a significant impact on market prices. Below are the upcoming five token unlock details and their potential market impact analysis:

1. Sui (SUI)

• Unlock Time: January 1, 2025, 8:00 AM

• Unlock Quantity: Approximately 64.19 million tokens (circulation ratio 2.19%)

• Value: Approximately $270 million

• Impact Analysis: The scale of the unlock is large and may exert some selling pressure on short-term market prices, but due to the moderate ratio, the impact on the overall market is limited.

2. Optimism (OP)

• Unlock Time: December 31, 2024, 8:00 AM

• Unlock Quantity: Approximately 31.34 million tokens (circulation ratio 2.32%)

• Value: Approximately $58.6 million

• Impact Analysis: There may be fluctuations before and after the unlock, but due to the smaller market value, the expected impact is relatively mild, and short-term investors should be aware of emotional fluctuations.

3. ZetaChain (ZETA)

• Unlock Time: January 1, 2025, 8:00 AM

• Unlock Quantity: Approximately 53.89 million tokens (circulation ratio 9.35%)

• Value: Approximately $32 million

• Impact Analysis: The high circulation ratio may trigger significant selling pressure after the unlock, leading to a notable short-term impact on market prices.

4. Ethena (ENA)

• Unlock Time: January 1, 2025, 3:00 PM

• Unlock Quantity: Approximately 12.86 million tokens (circulation ratio 0.44%)

• Value: Approximately $12.1 million

• Impact Analysis: The unlock quantity and ratio are low, and the market expectations are limited; short-term fluctuations may be small.

5. Kaspa (KAS)

• Unlock Time: January 6, 2025, 8:00 AM

• Unlock Quantity: Approximately 182 million tokens (circulation ratio 0.72%)

• Value: Approximately $21.31 million

• Impact Analysis: The unlock ratio and value are moderate, resulting in lower market selling pressure risk; the impact may not be significant.

Overall Strategy Recommendations

1. Pay attention to high ratio unlock tokens: such as ZETA, short-term prices may drop due to selling pressure; waiting for lower entry opportunities is advisable.

2. Diversify risks: prioritize tokens with lower unlock ratios (such as ENA, KAS) to avoid selling pressure risk.

3. Monitor before and after the unlock: pay attention to market sentiment fluctuations before the unlock and the price stabilization situation afterward.

Unlock events are important nodes of market volatility. Preparing in advance or avoiding high-risk tokens is key to prudent operations.