According to the latest information, a variety of tokens will be unlocked in the next week, with a total market value of approximately US$380 million. The unlocking includes a variety of tokens, such as Optimism (OP), dYdX (DYDX), Sui (SUI), Ethena ( ENA), 1inch (1INCH), Prime (PRIME), Yield Guild Games (YGG), AGIX, ZETA, NYM, Manta Network (MANTA), Acala (ACA) and Tornado Cash (TORN).
The impact of these unlocking events on the market may be significant, and investors should pay close attention to market dynamics and do risk management.
1. Optimism (OP)
- Unlock date: May 31st
- Quantity: 31,340,000 pieces
- Value: $79,000,000
- Accounting for circulation: 2.88%
2. dYdX (DYDX)
- Unlock date: June 1
- Quantity: 33,330,000 pieces
- Value: $67,000,000
- Accounting for circulation: 11.91%
3. Sui (SUI)
- Unlock date: June 1
- Quantity: 65,080,000 pieces
- Value: $69,000,000
- Accounting for circulation: 2.78%
4. Athena (ENA)
- Release date: June 2
- Quantity: 53,600,000 pieces
- Value: $46,000,000
- Accounting for circulation: 3.62%
5. 1inch (1INCH)
- Unlock date: June 1
- Quantity: 98,740,000 pieces
- Value: $42,000,000
- Accounting for circulation: 8.52%
6. Prime (PRIME)
- Unlock date: May 31st
- Quantity: 1,660,000 pieces
- Value: $28,000,000
- Accounting for circulation: 4.23%
7. Yield Guild Games (YGG)
- Unlock date: May 27
- Quantity: 16,690,000 pieces
- Value: $16,000,000
- Accounting for circulation: 4.49%
8. AGIX
- Unlock date: May 28
- Quantity: 8,710,000 pieces
- Value: $8,400,000
- Accounting for circulation: 0.68%
9. ZETA
- Unlock date: June 1
- Quantity: 5,290,000 pieces
- Value: $8,200,000
- Accounting for circulation: 1.99%
10. NYM
- Unlock date: May 27
- Quantity: 25,000,000 pieces
- Value: $4,000,000
- Accounting for circulation: 3.26%
11. Manta Network (MANTA)
- Unlock date: June 1
- Quantity: 1,870,000 pieces
- Value: $3,200,000
- Accounting for circulation: 0.74%
12. Acala (Acala)
- Release date: June 1
- Quantity: 27,430,000 pieces
- Value: $2,800,000
- Accounting for circulation: 2.85%
13. Tornado Cash (TORN)
- Unlock date: May 31st
- Quantity: 92,000 pieces
- Value: $240,000
- Accounting for circulation: 2.41%
This information comes from multiple reliable sources, including BeInCrypto, Decrypt, and CoinDesk, and shows the number of tokens to be unlocked, their proportion of circulating supply, and their total market capitalization. These unlocking events could have a significant impact on the market supply and demand balance.
According to analysis from multiple sources, there is a certain regularity in the impact of token unlocking on price. Here are a few typical patterns:
1. Increase before unlocking:
- Many tokens will experience a price increase before being unlocked. This is because investors anticipate a greater supply of tokens after unlocking, potentially causing prices to fall, and therefore purchase tokens before unlocking to gain short-term gains. This phenomenon is common in tokens with high market expectations, such as Pyth.
2. Fluctuation after unlocking:
- Prices often experience fluctuations after an unlocking event occurs. On the one hand, newly unlocked tokens increase market supply, potentially causing prices to fall. On the other hand, within a period of time after unlocking, investors may adjust their positions according to market conditions, further exacerbating price fluctuations.
3. Retracement after short-term rise:
- Some tokens will see a short-term rise after being unlocked, followed by a pullback as the market absorbs the new supply. This pattern is more common in coins like Optimism (OP) and Yield Guild Games (YGG). Typically these tokens will rise in price in the short term after unlocking, driven by expectations and market sentiment prior to the unlocking, but then increase in supply causing the price to correct!
Overall, the price increase before the token is unlocked is due to market expectations for the unlock event, while the price fluctuations after the unlock reflect the market's response to the new supply.
In human terms, there is a high probability that it will rise before unlocking and fall after unlocking, because there is selling pressure in the market!
