Token unlocks can significantly impact the value of cryptocurrencies. This week, several major token unlocks are scheduled, including APT, ENA, MOVE, OP, IO, and AXS. Here's a closer look at the scheduled token unlocks: EIGEN (EIGEN): 1/8 04:00 UTC, Approx. 1.29 million tokens unlocked, $5.32 million, 0.61% of total supply Ethernity (ENA): 1/8 16:00 UTC, Approx. 12.86 million tokens unlocked, $16.08 million, 0.42% of total supply MOVE Network (MOVE): 1/9 21:00 UTC, Approx. 50 million tokens unlocked, $56 million, 2.22% of total supply Optimism (OP): 1/9 05:00 UTC, Approx. 4.47 million tokens unlocked, $9.35 million, 0.33% of total supply Aptos (APT): 1/11 10:59 UTC, Approx. 11.31 million tokens unlocked, $114.34 million, 2.02% of total supply IOST (IO): 1/11 21:00 UTC, Approx. 3.22 million tokens unlocked, $12.64 million, 2.5% of total supply * Axie Infinity (AXS): 1/12 20:10 UTC, Approx. 810 thousand tokens unlocked, $5.74 million, 0.52% of total supply These token unlocks could lead to increased selling pressure on the respective tokens, potentially causing their prices to decline. However, it's important to note that market conditions and investor sentiment can also influence price movements. Investors should carefully consider these token unlocks and their potential impact on the market before making any investment decisions.