Overview of token unlock events from 23/12 - 29/12
Total unlock value
• Next week, approximately 710 million USD worth of tokens will be unlocked, down nearly 75% from last week (2.7 billion USD).
• Of this:
• 134 million USD unlock in the form of cliff (fully unlocked at a specific time).
• 576 million USD unlock in the form of linear (linear unlock), accounting for over 80% of the total value.
Notable cliff unlock events
• 24/12: EigenLayer will unlock 1.29 million $EIGEN tokens, accounting for 0.61% of the circulating supply, valued at 5.3 million USD.
• 25/12: Ethena will unlock 12.86 million $ENA tokens, accounting for 0.44% of the circulating supply, valued at 14.8 million USD.
• 26/12: Cardano will unlock 18.53 million $ADA tokens, accounting for 0.05% of the circulating supply, valued at 17.5 million USD.
• 27/12: ImmutableX will unlock 24.52 million #IMX tokens, accounting for 1.45% of the circulating supply, valued at 35.5 million USD.
Large linear unlock events
• Solana (#SOL) will unlock 66,540 SOL linearly each day, valued at 13 million USD per day, totaling 91 million USD for the week.
• Worldcoin (WLD) will unlock 5.32 million WLD linearly each day, valued at 12.5 million USD per day, totaling 87.5 million USD for the week.
• Celestia (TIA) will unlock nearly 1 million TIA linearly each day, valued at 5.2 million USD per day, totaling 36.5 million USD for the week.
Analysis
• Cliff unlock: Major unlocks from ImmutableX and Cardano are likely to significantly impact token prices due to the substantial effect on circulating supply.
• Linear unlock: Although having a smaller impact compared to cliffs, linear unlocks from Solana, Worldcoin, and Celestia still need to be closely monitored due to their considerable daily value.
