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Just checked the unlock calendar and there's a lot of supply hitting the market this week. We're looking at over $229 million in token unlocks coming through in the next 7 days, which is pretty substantial. Some of these are one-time dumps too—HYPE, ENA, SXT, RED, and OPN each have releases over $5 million. Then you've got the daily drip-feed unlocks from bigger assets like Solana, TRUMP, WLD, and TAO that keep adding pressure throughout the week.
Why does this matter? More tokens in circulation usually means more sellers looking to exit, especially right after an unlock event. That's when you typically see volatility kick in. The ones to watch are the heavy hitters—Solana's consistent daily releases and the larger one-time events could definitely shake things up short-term.
If you're trading this week, keep an eye on the unlock schedule. These token unlocks can create opportunities if you know when they're happening, but they can also catch you off guard if you're not paying attention to the supply side of the equation.