The crypto market is bracing for more than $389 million in token unlocks this week, including major cliff and linear unlocks across numerous blockchain projects.
According to a post from Wu Blockchain, between May 5 and May 12, a wave of token unlocks is expected to impact various tokens. This includes both cliff unlocks—one-time, large-scale releases—and linear unlocks, which involve daily disbursements of tokens.
Key Cliff Unlocks (>$5M)
Among the largest cliff unlocks (often considered high-impact due to immediate liquidity injection) are:
- LAYER: $86.73M (27.02M tokens, 12.87% of supply)
- ENA: $49.52M (171.88M tokens, 3.10%)
- SPEC: $21.30M (10.00M tokens, 48.51%)
- KAS: $13.39M (144.64M tokens, 0.55%)
- MOVE: $8.45M (50.00M tokens, 2.00%)
- NEON: $6.10M (53.91M tokens, 6.93%)
These unlocks represent significant portions of token supplies, particularly SPEC and LAYER, raising potential implications for price volatility in the short term.
Key Linear Unlocks (>$1M)
Also expected this week are daily linear unlocks across multiple ecosystems:
- SOL: $67.27M (465.77K tokens, 0.09% of circulating supply)
- WLD: $34.60M (37.23M tokens, 2.84%)
- TIA: $16.63M (6.96M tokens, 1.13%)
- DOGE: $16.53M (96.52M tokens, 0.06%)
- TAO: $17.38M (50.40K tokens, 0.59%)
- AVAX: $13.92M (700K tokens, 0.17%)
- SUI: $10.85M (3.35M tokens, 0.12%)
- DOT: $9.09M (2.30M tokens, 0.15%)
- IP: $8.74M (2.32M tokens, 0.90%)
- MORPHO: $9.32M (6.80M tokens, 2.85%)
The data, sourced from Tokenomist, reflects an ongoing pattern of large unlocks that market watchers often monitor for sell-side pressure and short-term price action.
Wu Blockchain, known for its timely crypto analytics and insights, warns that the sheer scale—nearly $400 million—could inject volatility into affected tokens and the broader market this week.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/over-389m-in-token-unlocks-expected-this-week-led-by-layer-ena-and-sol/