Overview of Token Unlocking This Week:
Several projects have significant unlocks this week, pay attention to the movements of funds:
IOTA: 8 AM on April 30, unlocking 15.16 million tokens, market value approximately 3.28 million USD, accounting for 0.41% of circulation, the volume is okay, not a big deal.
Optimism (OP): also at 8 AM on April 30, unlocking 31.34 million tokens, about 24.32 million USD, accounting for 1.89% of circulation, the volume is a bit large, take note.
Sui (SUI): at 8 AM on May 1, unlocking 74 million tokens, market value close to 260 million USD, 2.28% of circulation, this is a considerable pressure, SUI supporters be cautious.
ZetaChain (ZETA): at 8 AM on May 1, unlocking 44.26 million tokens, valued at 11.1 million USD, accounting for 5.67% of circulation, the proportion is quite high, easy to crash.
dYdX (DYDX): at 8 AM on May 1, unlocking 8.33 million tokens, market value 535 thousand USD, accounting for 1.09% of circulation, medium impact, do not be careless.
Ethena (ENA): at 3 PM on May 2, unlocking 40.63 million tokens, valued at 1.398 million USD, accounting for 0.73% of circulation, the volume is small, not a big problem.