The total selling pressure is as high as 100 million pounds! This week, these 4 coins will be unlocked in large quantities, is a big Fluctuation coming?

Why does token unlocking have to follow?

Are you unfamiliar with the term 'encryption' in the currency market? If you are an investor planning to delve into the market, the impact of 'unlocking' on the Token price is an event you must closely follow.

What is Token unlocking? When issuing native Tokens in each project, they are usually distributed proportionally to developers, early investors, etc. This is the token allocation model. In order to avoid significant dumping pressure on Tokens during project launch, many projects set a 'lock-up period' to lock the Tokens held by relevant individuals for a period of time, preventing immediate trading. Then, at a specific time, these Tokens will be partially unlocked, allowing holders to trade freely.

This is a price protection mechanism for the project, but for investors, a large number of unlocked Tokens may put pressure on the price. For example, at the end of last year (2023), $DYDX unlocked Tokens worth about $485 million, which led to a single-day big dump of nearly 5% and a continued decline for several days. However, there are also cases where the price rose instead of falling after unlocking. Therefore, investors need to do their own research to determine whether it will rise or fall.

After understanding the possible impact of unlocking, it is inevitable to introduce a useful tool - 'Token Unlocks'. This is a practical data-providing website, where you can see the schedule of various Tokens unlocking, as well as Circulating Supply and the unlocking amount.

So let's take a look at which Tokens will be unlocked this week!

Arbitrum ($ARB)

Total Market Cap: 25.59 billion US dollars

Unlock time: 21:00 on the evening of November 16th

Unlocked token amount: 92.65 million, worth about $58.13 million, accounting for 2.33% of the circulating supply.

Avalanche($AVAX)

Total Market Cap: 13.223 billion US dollars

Unlock time: 8:00 AM on November 18th

Token unlocked: 1.67 million, worth about 53.3 million US dollars, accounting for 0.41% of the circulating supply

Starknet ($STRK)

Total Market Cap: 9.97 billion US dollars

Unlock time: 8:00 AM on November 15th

Unlock token quantity: 64 million, valued at approximately $29.72 million, accounting for 3.05% of the circulating supply.

Nervos Network（$CKB）

Total Market Cap: 6.9 billion US dollars

Unlock time: November 16th, 8:00 AM

Unlocked token amount: 1.34 billion, worth approximately US$19.82 million, accounting for 2.99% of the circulating supply.

[Disclaimer] The market is risky, and investment should be cautious. This article does not constitute investment advice. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their specific situations. Responsibility is assumed for investment based on this.