625 million US dollars unlocking is coming, SUI leads the big sale, who can withstand it?
From April 28 to May 5 this week, the crypto market is facing a total unlocking wave of 625 million US dollars, with selling pressure roaring like a tsunami. This wave of impact is definitely not just a 'look and pass'.
Highlights:
1️⃣ SUI: Unlocking 262.9 million US dollars, accounting for 2.27% of circulation, unit price $3.54. 74 million tokens are being released, making it the unlocking king this week. Whether it can hold up afterwards depends on the market.
2️⃣ Omni: Unlocking 40.43 million US dollars, an exaggerated 153.77% unlocking rate, current price $2.47. Although Jiega has already hit the floor, if liquidity surges again, there might still be room for further declines.
3️⃣ OP: Unlocking 24.22 million US dollars, 2.06% unlocking rate, current price $0.74. The amount is smaller, but the release has a clear suppressive effect on the price increase; it can't rise even if Bitcoin surges.
4️⃣ SOL: Unlocking 67.61 million US dollars, only accounting for 0.09% of circulation, current price $149. A significant amount is unlocked, but the market is very strong, hardly stirring any waves.
In this round of unlocking wave, SUI and Omni have a high 'risk factor', while SOL is the most resilient. What do you think? Leave a comment to discuss your trading ideas.
