This week's token unlock exceeds $484 million: SUI, ENA, OP, SOL, AVAX, and DOGE become the focus.

According to FXStreet, this week, the Crypto Assets market will experience significant Fluctuation, with major alts unlocking Tokens worth over $484 million. According to Wu Blockchain, it is expected that within the next seven days, six alts with one-time Tokens will unlock more than $5 million in Tokens respectively. Historically, Token unlocking often triggers greater dumping pressure, so traders and investors need to closely follow this critical period.

Wu Blockchain reports that within the next seven days, six types of one-time Token unlocks (cliff unlocks) will each exceed a value of 5 million dollars in alts. Cliff unlocks allow a certain number of Tokens to be immediately unlocked after a specific vesting period. The list includes Sui (SUI), Ethena (ENA), Optimism (OP), Kamino (KNMO), ZetaChain (ZETA), and Neon (NEON).

The tokens unlocked by Neon and Kamino account for more than 10% of their circulating supply, while the tokens unlocked by Sui, Optimism, ZetaChain, and Ethena account for more than 1% of their circulating supply.

Typically, when the unlock amount of a certain Token accounts for more than 1% of its circulating supply, it may have a negative impact on the price. Therefore, traders should follow the Fluctuation of the following 6 assets this week, especially Neon and Kamino, as their unlock amounts exceed 10%.

In addition, the tokens with larger linear unlocking amounts this week (daily unlocking amounts exceeding $1 million) include Solana (SOL), Worldcoin (WLD), Official Trump (TRUMP), Bittensor (TAO), Doge (DOGE), Celestia (TIA), Avalanche (AVAX), Sui (SUI), Morpho (MORPHO), Etherfi (ETHFI), Polkadot (DOT), Sei (SEI), Story (IP), and Jito (JITO).

Although an increase in the circulating supply of Crypto Assets is usually bearish, the planned unlocking schedule may have a smaller impact, as the trading community anticipates the unlocking and may position accordingly.

However, traders should exercise caution, as the increase in supply due to token unlocks often triggers negative sentiment among investors, leading to price declines.