
The crypto market is preparing for more than $389 million in token unlocks this week alone, with major cliff and linear unlocks expected across numerous blockchain projects.
According to a post from Wu Blockchain, a wave of token unlocks is expected to hit various tokens from May 5 to May 12.
This includes both cliff unlocks, where a large sum of tokens is released at once, and linear unlocks, signifying daily smaller disbursements of tokens.
Key Cliff Unlocks (>$5M)
Among the largest cliff unlocks, often deemed high-impact due to immediate liquidity injection, are:
These unlocks represent significant portions of the total token supplies, especially for SPEC and LAYER, potentially impacting price volatility in the short term.
Key Linear Unlocks (>$1M)
Also anticipated this week are daily linear unlocks across multiple ecosystems:
The data, sourced from Tokenomist, highlights an ongoing trend of substantial token unlocks.
Market analysts often keep an eye on these unlocks for any potential implications on sell-side pressure and short-term price action.
Wu Blockchain, recognized for its timely crypto analytics and socioeconomic commentary, notes that the sheer magnitude of this week's unlocks, nearly $400 million, could induce volatility in the affected tokens and the broader market.