This week, several mainstream projects' tokens will undergo a large one-time unlock. If you happen to hold $ENA, $IMX, $MOVE, or several other coins, it's advisable to prepare in advance and not be caught off guard when the price drops.
Key token unlock times & amounts overview (all times are in Beijing time):
August 5, 08:00 | $SPEC: Unlocking 3.62 million tokens, accounting for 17.57% of the circulating supply, approximately $1.8 million
August 5, 15:00 | $ENA: Unlocking 172 million tokens, accounting for 2.70% of the circulating supply, approximately $95.8 million (largest amount)
August 6, 03:00 | $EIGEN: Unlocking 1.29 million tokens, accounting for 0.40%, approximately $1.4 million
August 6, 08:00 | $MAVIA: Unlocking 11.89 million tokens, accounting for 23.03%, approximately $1.9 million (highest ratio)
August 8, 08:00 | $IMX: Unlocking 24.52 million tokens, accounting for 1.30%, approximately $1.22 million
August 9, 20:00 | $MOVE: Unlocking 50 million tokens, accounting for 1.89%, approximately $650,000
August 10, 08:00 | $RENDER: Unlocking 492,000 tokens, accounting for 0.09%, approximately $1.7 million
The most affected coins:
$ENA: The unlock amount is close to $100 million, which can easily influence the market
$MAVIA: The unlock ratio is close to 1/4, and if selling pressure keeps up, it may not be stable in the short term
$IMX & $MOVE: Although the ratios are not high, the amounts are still significant, suitable for keeping an eye on emotional changes.
Although these token unlocks may not drastically impact the market, they will certainly bring some emotional fluctuations. If you need to sell, do so; don't hold on stubbornly, and don't trade faith for lessons.