$625M Token Tsunami Hits Market: SUI, OP, SOL, AVAX, and DOGE Unlocks Flood the Zone This Week
Crypto projects are about to drop a liquidity bomb—SUI, Optimism, Solana, Avalanche, and even Dogecoin are unleashing over $625 million in previously locked tokens this week. Brace for impact.
SUI leads the charge with a $100M unlock—just what the market needs, another dose of ’supply shock’ from a project still searching for product-market fit. Meanwhile, OP and SOL continue their scheduled dumps like clockwork, because nothing says ’decentralization’ like pre-programmed insider sell pressure.
AVAX joins the party with $75M hitting wallets, while DOGE’s ’inflationary’ model gets another boost. Traders are already front-running the moves—because who needs fundamentals when you’ve got unlock calendars and hopium?
Funny how these ’long-term aligned’ vesting schedules always seem to coincide with local tops. But hey, at least the VCs need new yachts too.
Token unlocks could bring volatility in SUI, OMNI, OP and others
Wu Blockchain reports that 11 altcoins with one-time token unlocks (cliff unlocks) are worth more than $5 million each over the next seven days. The cliff unlock allows a certain number of tokens to be unlocked immediately after a certain period.
The list includes Sui (SUI), omni network (OMNI), Optimism (OP), Kamino (KMNO), Ethena (ENA), ZetaChain (ZETA), Renzo (REZ), Memecoin (MEME), dYdX (DYDX), Gunz(GUN), and IOTA (IOTA). OMNI, KMNO, REZ, and GUNZ are unlocking tokens more than 10% of their circulating supply. Typically, when a token unlocks accounts for over 1% of the cryptocurrency’s circulating supply, it will likely have a negative impact on the price. Therefore, traders should monitor these four assets for increased volatility this week.
Moreover, the large token linear (daily unlock amounts over $1 million) unlocks this week include Solana (SOL), Worldcoin (WLD), Official Trump (TRUMP), Celestia (TIA), Dogecoin (DOGE), Bittensor (TAO), Avalanche (AVAX), Sui (SUI), Polkadot (DOT), Story (IP), Morpho (MORPHO), NEAR Protocol (NEAR), and Jito (JTO).
While an increase in a cryptocurrency’s circulating supply is typically bearish, planned unlock schedules may have a less significant impact, as the community of traders anticipates the unlock and likely positions themselves accordingly.
However, traders should remain cautious as the increased supply from token unlocks frequently generates negative sentiment among investors, which can weigh down prices.
In the next 7 days, major one-time token unlocks (unlock amounts over $5 million) are expected for SUI, OMNI, OP, KMNO, ENA, ZETA, REZ, MEME, DYDX, GUNZ, and IOTA.Significant linear daily unlocks (daily unlock amounts over $1 million) are expected for SOL, WLD, TIA, DOGE, TAO,… pic.twitter.com/DT1p5FwoZI
— Wu Blockchain (@WuBlockchain) April 28, 2025