#Crypto·Risk Warning | Tokens with large unlocking volume in August and opinion tips
• $SAND - August 14 $133.14 million
• $WLD - $7.26 million per day
• $AVAX - August 26 $118.7 million
• $OP - $41.3 million on August 30
• $INJ - $23.4 million on August 21
Some thoughts and what you need to know:
> SAND $133.14 million worth of SAND, or 16.16% of the circulating supply, will be unlocked on August 14. This is a significant amount.
> WLD, the world currency, is a ticking time bomb. Its market cap is only $270M, while its fully diluted valuation is $22.8B! More importantly, market makers control the majority of the current circulating supply.
> AVAX $118.7 million, 2.76% of circulation. Mainly distributed to the team and strategic partners. The past two times, the price dropped, only after a few days.
> $OP $41.3M worth of $OP represents 3.37% of the circulating supply. I think the upcoming unlock is unlikely to cause a significant drop in $OP price, it’s still hot.
> $INJ 3.41% will unlock on August 21st. Allocated to "Ecosystem Development". All of this is allocated to "Ecosystem Development" so it's likely controlled by the team. If the team plans to sell these tokens, they will probably sell them in a few months. There may be some selling pressure but I don't expect a serious impact.
