"Token unlocks could bring volatility to OP, SUI, ZETA, and DYDX. According to Tokenomist data, which tracks supply-side tokenomics for cryptocurrencies, key token unlocks worth $330 million are scheduled this week.
Optimism, Sui, ZetaChain, and DYDX are set to unlock tokens worth $46.70M, $258.06M, $19.13M, and $8.76M, respectively, on Friday and Saturday. These unlocks account for 2.32%, 2.13%, 6.98%, and 1.15% of their circulating supply and will be allocated for user growth pools, ecosystem growth funds, core contributor rewards, advisory roles, and liquidity incentives.
Traders should remain cautious, as token unlocks often increase supply, leading to negative investor sentiment and potential price declines."