Crypto’s $100M+ Unlock Wave Hits Next Week—Here’s Who’s Cashing In
Seven major token unlocks loom—liquidity tsunami or sell-pressure trap? Projects dumping nine figures worth of tokens into circulating supply while VCs ’strategically rebalance’ their portfolios. Classic.
Key unlocks to watch:
- Protocol X: $40M cliff unlock (team wallets stirring after 12 months)
- Layer 2 Giant: 5% supply release—’ecosystem growth’ or exit liquidity?
- DeFi Darling: Vesting schedules hit inflection point as early backers gain access
Market makers already front-running the event. Retail? Probably buying the rumor to sell the news—again.
Seven major projects, along with the money they are free to sell to insiders and the market, will have significant token unlocks during May 5 to May 11. The data for total tokens to be unlocked was provided by CryptoRank.io, revealed that total value is over $100 million. These unlocks are expected to affect circulating supply and kicking off market activity.
Top 7 Token Unlocks of the Upcoming Week
The following tokens with the largest unlock amount will be unlocked next week:
$ENA – $50.30M$JTO – $18.31M$SPEC – $11.69M$MOVE – $8.46M$NEON – $6.41M$GAL – $4.51M$AGI – $4.14M pic.twitter.com/PBJ30vYnnC
Token Unlocks, Key Token Unlocks, and Market Value
ENS’s upcoming unlocks headlined by Ethena ($ENA), 171.85 million tokens are set to unlock on May 5. It accounts for 1.15% of its total supply which is worth roughly $50.30 million. Unlock accounts for 2.95% of ENA’s market capitalization, which is $4.37bn.
Jito Labs($JTO), follows with an unlock worth $18.31 million worth of tokens using 71.11 million $JTO (1.13% of the total supply). As a result, the circulating supply of $JTO will increase by 3.49% its market cap. $JTO is planning to unlock on May 7, with its present $1.62 billion fully diluted market cap.
On May 6, Spectral ($SPEC) will unlock 6 million tokens worth 6% of the total supply and valued at $11.69 million. With 29.2%, it represents the largest percentage of market cap unlocked amongst the listed tokens. At $193 million, $SPEC has the smallest fully diluted valuation in the group.
Additional Unlocks Across the Market
On May 9, Movement ($MOVE) will mint and set free 50 million tokens, constituting 0.50% of its total supply and with a value of $8.46 million. On May 7, Neon ($NEON) will unlock 53.91 million its tokens, or 5.39% of its supply, bringing in fresh liquidity worth $6.41 million in tokens to the market. The market cap is $118 million, and the unlock ratio is 22.5%.
Additionally, there will be unlocks on Galxe ($GAL) and Delysium ($AGI) this week. On May 5th, $GAL will launch 5.18 million tokens worth $4.51 million. On May 11, AGI will unlock 66.48 million of tokens, priced at $4.14 million or 2.22% of total supply.
