January 2025 is shaping up to be a busy month for the crypto market 🌍, with several major projects unlocking millions of locked tokens 🔓. These events, called token unlocks, can cause wild price swings 📉📈.
What is a token unlock?
An unlocking is the release of previously locked tokens, often held by investors or the founding team ⏳. These mechanisms stabilize the market when a project is launched, but once the tokens are unlocked, their massive sale can cause prices to drop 💔📉.
Unlocks to watch out for 👀:
Ethena (ENA) – January 8 📅: 12.86 million tokens released ($13.4M 💰).
Movement (MOVE) – January 9 🏃♂️: 50 million tokens ($45M 💸).
Optimism (OP) – January 9 ✨: 4.47 million tokens ($8.37M 📊).
Aptos (APT) – January 11 🐢: Record unlock of 11.21 million tokens ($105M 🔥).
Sei (SEI) – January 15 🌊: 55.56 million tokens ($24M 🏖️).
AltLayer (ALT) – January 25 🧱: 240 million tokens ($28M 💡).
Why is it important?
These unlocks increase the supply on the market 🌐. If holders massively sell their tokens, bearish pressure could set in 🚨. Traders should therefore monitor these dates closely to adapt their strategies 🧠⚡.
Source: Journal du Coin