In early 2025, the cryptocurrency market is preparing for a wave of large token unlocks, which will see assets worth more than $2.6 billion released into circulation from January 13 to 19.
The largest unlock will take place on January 18, with 1.94 billion ONDO tokens worth about $2.42 billion appearing on the market. Given that there are currently 1.38 billion ONDO in circulation, this issue could significantly change the supply and demand ratio of the digital asset.
On January 16, 2.2% of the total Arbitrum token supply will appear on the market, currently valued at $69.32 million. On the same day, STRK tokens worth $27.55 million, SEI and ENA Ethena tokens worth $21.06 million and $11.98 million, respectively, will be unlocked.
Other major token unlocks next week include Apecoin APE ($17.32 million), Echelon Prime PRIME ($10.07 million), CLOUD ($8.28 million), PIXEL ($7.68 million), and EIGEN ($4.16 million).
The next major token unlock won't happen until mid-March 2025.
A large influx of cryptocurrencies causes price volatility and usually leads to a decline in the price. This is due to investors selling them to make a profit or minimize losses.