This week, the unlocking details of several projects are previewed, sorted by unlocking value as follows:

#MRS , FTN, QAI and other tokens will see significant unlocks this week, including:

Metars Genesis (MRS) will unlock 10 million tokens on March 23 at 8 AM, which is 11.87% of the current circulation, valued at approximately $97.4 million;

Fasttoken (#FTN ) will unlock 20 million tokens on March 18 at 8 AM, which is 4.65% of the current circulation, valued at approximately $79.8 million;

QuantixAI (#QAI ) will unlock approximately 566,000 tokens on March 18 at 8 AM, which is 3960.24% of the current circulation, valued at approximately $41.4 million;

MANTRA (#OM ) will unlock 5 million tokens on March 23 at 8 AM, which is 0.51% of the current circulation, valued at approximately $32.8 million.

The unlocking situations of these projects may have varying degrees of impact on the related markets. The above times are in UTC+8. This week, pay attention to the negative effects brought about by these tokens due to unlocking, avoid spot trading, and seek short-selling opportunities in contracts. The chart is from Coinank data, among which, MRS, FTN, QAI, and #MELANIA have significant proportions and scales of unlocked circulation, so pay extra attention.

We believe that from the perspective of managing liquidity of crypto assets, large-scale concentrated unlocking of tokens often triggers a reconstruction of market supply and demand relationships. The 11 projects disclosed this time exhibit three key characteristics: some projects have excessively high unlocking ratios (such as QAI's newly unlocked circulation reaching 39.6 times the existing), which may trigger a liquidity crisis; high market cap projects like MRS unlocking nearly $100 million at once pose a challenge to the secondary market's absorption capacity; multiple projects concentrated their unlocks in the window period from March 18-23, which may create a cumulative effect on market sentiment.

The impact of token unlocking on prices has differentiated pathways: underlying protocol projects (such as IMX) may have relatively controllable short-term sell pressure due to ecosystem application support; meanwhile, meme coins (MELANIA) and high circulation ratio projects (QAI) face greater risks of value reassessment. It is noteworthy that some projects choose to simultaneously release progress on ecological applications after unlocking (such as Polyhedra Network's ZK technology upgrade), which may buffer market shocks as a market cap management strategy. It is recommended to focus on the on-chain flow data of unlocked tokens, especially the abnormal changes in institutional holdings, to predict potential market turning points.