Overview of Major Token Unlocks This Week (August 5 to 10)

Potential Market Impact Analysis

High-Risk Tokens (Unlock Ratio > 10%)

SPEC (17.57%)

MAVIA (23.03%)

High unlock ratios may lead to significant selling pressure, especially for low liquidity projects, and prices may experience severe fluctuations in the short term.

Medium-Risk Tokens (Unlock Ratio 1%-10%)

ENA (2.70%)

IMX (1.30%)

MOVE (1.89%)

Moderate unlock ratios, combined with large unlock amounts (especially ENA at nearly 100 million USD), may lead to price corrections if macro or market negative sentiments arise.

Low-Risk Tokens (Unlock Ratio < 1%)

EIGEN (0.40%)

RENDER (0.09%)

Minimal impact on prices, making them easier for the market to digest.

Operational Strategy Recommendations for Holders:

SPEC and MAVIA:

If holding short-term, it is recommended to reduce positions or avoid before the unlock to prevent concentrated selling pressure on the unlock date.

If optimistic in the long term, wait for stabilization or panic corrections after the unlock to re-enter.

ENA:

Although the unlock ratio is not high, the total unlock value is nearly 100 million USD, making it the “largest source of selling pressure” this week.

If prices have shown significant gains beforehand, it is advisable to lock in profits early.

IMX and MOVE:

Closely monitor on-chain transfers and exchange inflow data;

If prices stabilize post-unlock, it may signal market strength.

Additionally, consider the correction opportunities for leading assets like ENA and IMX.