Below is a quick assessment of the main unlocking projects in August based on two dimensions: 'Short-term Pressure Level' + 'Whether It Is Worth Holding'. For ease of memory, I categorize the projects into three types:

A = Can continue to hold / Seek opportunities to increase position after unlocking

B = Although the unlock volume is large, selling pressure is controllable, can observe

C = Extremely heavy short-term selling pressure post-unlocking, need to reduce positions or hedge

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Category A: Core assets, unlocking may actually be a buying point

1. SUI

• Unlock Volume: 56.91 M (≈2.2% Circulating Supply)

• Core Flow: Series B Institutions + Early Contributors

• Assessment: Series B cost is extremely low (~$0.03), but the lock-up period lasts 2 years, institutions have floating profits of dozens of times, the probability of a one-time dump is actually low; coupled with the recent ecosystem TVL and trading volume hitting new highs, if it dumps to the $0.60–$0.65 area after unlocking, can consider phased investment.

• Strategy: Set staggered buy orders at 0.65 / 0.60 / 0.55; if volume drops below 0.50, then stop-loss and observe.

2. AVAX

• Unlock Volume: 1.67 M (≈0.45% Circulating Supply, Minimal Impact)

• Flow: Avalanche Foundation, likely locked or used for ecosystem Grants, almost no selling pressure in the secondary market.

• Strategy: Keep bottom position unchanged; if the market pulls back to the 24–26 range, can consider adding positions for swing trading.

3. APT

• Unlock Volume: 11.31 M (≈2.5% Circulating Supply)

• Flow: 100% Community Pool (used for incentivizing developers, staking rewards), the official has historically released smoothly.

• Strategy: If a 5–8% sharp drop occurs during the week of unlocking, can consider short-term buying; medium to long-term still viewed as 'public chain Beta', maintain a holding period of 3–6 months.

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Category B: Selling pressure is controllable, but need to monitor

4. IMX

• Unlock Volume: 24.52 M (≈1.8%)

• Flow: Ecosystem Fund, the official has historically released slowly through Grants or market-making, will not dump directly.

• Strategy: If the GameFi sector as a whole pulls back during the week of unlocking, consider buying on dips; stop-loss at 1.25 USDT.

5. JTO

• Unlock Volume: 11.31 M (≈1.4%)

• 10% reserved for 'Airdrop', remaining portion has a 6-month linear release.

• Strategy: Short-term may oscillate in the 2.5–2.7 range, suitable for grid trading; from a medium to long-term perspective, view Solana ecosystem Beta, retain 30–50% bottom position.

6. KAITO

• Unlock Volume: 16.67 M (≈6% Circulating Supply)

• Flow: Ecosystem Growth, but the team has not disclosed specific release rhythm.

• Strategy: Reduce position by 30% during the week of unlocking; if the price stabilizes above 0.45, consider re-entering.

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Category C: Unlocking Leads to 'Dumping', Recommended to Reduce Position in Advance

7. ENA

• Unlock Volume: 94.19 M (≈32% Circulating Supply)

• All Allocated to Core Team, No Lock-up, No Linear Release, the Most Dangerous Unlocking This Month.

• Strategy: Reduce positions by 50–70% during the 3–5 days before unlocking upon rebound; if the price drops below 0.70, can short to hedge.

8. STRK

• Unlock Volume: 127.6 M (≈8% Circulating Supply)

• Early Investors/Contributors Cost < $0.10, Floating Profit 5–8 Times, Historical Data Clearly Indicates Dumping Upon Unlock.

• Strategy: Keep only 10–20% of the bottom position during the week of unlocking; spot holders can hedge with ATM put options during that week.

9. ARB

• Unlock Volume: 92.65 M (≈3.5% Circulating Supply)

• Team + Advisors unlocking, average drop on the day of the last three unlocks was 7–12%.

• Strategy: Clear leveraged long positions in advance; spot holders can place staggered buy orders at 0.70–0.72, waiting for the 'golden pit' after a dump.

10. ZRO

• Unlock Volume: 24.68 M (≈10% Circulating Supply)

• Returning to 'Repurchase Vault' ≠ Direct Destruction, the project party can transfer to market-making accounts at any time.

• Strategy: Short-term is seen as bearish, stop-loss if it drops below 3.20; for medium to long-term, wait until the end of August to see if LayerZero mainnet lands.

11. HUMA

• Unlock Volume: 126.25 M (≈15% Circulating Supply)

• After injection into the treasury, the official may quickly release to the market through liquidity incentives.

• Strategy: Keep only 5–10% for observation during the week of unlocking; if the 24h drop is >15%, consider short-term rebounds, quick in and out.

12. PUMP

• Unlock Volume: 10 B (100% Circulating Supply)

• As a trading incentive, one-time airdrop to active users, short-term selling pressure is immeasurable.

• Strategy: Ensure to clear positions or hedge before unlocking; observe on-chain data around August 15th, consider re-entering if the airdrop absorbs over 60%.

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Summary in One Sentence

• Long-term value coins: SUI, AVAX, APT unlocking may actually be a 'reverse pickup'.

• Medium to Short-term Trading: IMX, JTO, KAITO need to monitor for swing trading.

• High Unlock Risk: ENA, STRK, ARB, PUMP, HUMA recommend reducing positions or hedging in advance.