This week, multiple tokens will be unlocked, sorted by unlocking value as follows:

#uds will unlock approximately 21.94 million tokens at 8 AM on April 27, accounting for 30.54% of the current circulation, valued at approximately 14.9 million USD;

#venom will unlock approximately 59.26 million tokens at 4 PM on April 25, accounting for 2.86% of the current circulation, valued at approximately 7.9 million USD;

#ALT will unlock approximately 240 million tokens at 6 PM on April 25, accounting for 7.92% of the current circulation, valued at approximately 6.9 million USD;

#murad will unlock approximately 10 million tokens at 8 AM on April 23, accounting for 1.00% of the current circulation, valued at approximately 4 million USD;

#ID will unlock approximately 12.65 million tokens at 8 AM on April 22, accounting for 2.94% of the current circulation, valued at approximately 2.4 million USD.

The unlocking situation of these projects may have varying degrees of impact on the relevant market. The above times are in UTC+8. This week, pay attention to UDS and ALT tokens due to the bearish effects brought by unlocking, avoid spot trading, and seek short arbitrage opportunities in contracts. The image shows coinank data.

We believe that from the perspective of market supply and demand, the concentrated unlocking of multiple tokens this week will significantly increase circulation, potentially creating short-term selling pressure in the secondary market. Among them, the unlocking scale of Undeads Games (UDS) is particularly noteworthy, as its release accounts for 30.54% of the current circulation, far exceeding the industry warning line of 5%, which may trigger panic selling among holders. Although Venom (VENOM) and AltLayer (ALT) have lower unlocking ratios (2.86% and 7.92%), their absolute values reach 7.9 million and 6.9 million USD respectively, which may impact the liquidity of small to mid-cap tokens.

It is worth noting that the unlocking structures of different projects vary greatly. For example, SPACE ID (ID) has an unlocking amount accounting for 2.94% of the circulation, but combined with its continuous linear unlocking plan over the past six months, the market may have partially digested this expectation. In contrast, Murasaki (MURA), despite having an unlocking ratio of only 1%, is in the early stages of its project, and the community consensus is not yet solid, so even small unlocks may amplify price fluctuations.

Historical data shows (such as the 12.66% unlocking of VENOM in September 2024 leading to an 18% drop on that day) that high proportion unlocks often accompany price corrections. The current market is experiencing rising expectations for a shift in Federal Reserve policy, with significant fluctuations in investor risk appetite. It is advisable to closely monitor the lock-up policies and fund movements of various projects, and be wary of the rotational risk caused by liquidity siphoning effects.