Last week's large-scale token unlocks: a total of $1 billion across 8 projects including Trump and ARB

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According to PANews’ report in January, large-scale token unlockings of major cryptocurrency projects took place from mid to late January. A total of approximately 1 billion dollars worth of tokens from 8 projects including Trump, CONX, ARB, etc., were scheduled to flow into the market, which drew investor attention as a key factor that could increase market volatility.

Trump (TRUMP), Executes Record-Breaking Token Unlock

The largest official Trump token unlocking was realized at 8:00 AM Beijing time on January 18. About 50 million tokens were unlocked, accounting for 11.95% of the total circulation, worth approximately 271 million dollars. This massive unlocking was the largest single event and could cause significant liquidity shocks in the market.

Multiple Project Unlockings in Mid-January Lead to Sudden Market Supply Surge

Simultaneous unlockings occurred across several projects within the same week. Connex (CONX) unlocked about 1.32 million tokens (1.59% of circulation, approximately 20.4 million dollars) at 8:00 AM on January 15, and StarkNet (STRK) unlocked about 127 million tokens (4.83% of circulation, approximately 10.4 million dollars) at the same time. Additionally, Sei (SEI) unlocked about 55.56 million tokens (1.05% of circulation, approximately 6.7 million dollars) at 8:00 PM on January 15.

Unlock Status of Major Layer2 and Infrastructure Projects

Arbitrum (ARB) unlocked about 92.65 million tokens (1.86% of circulation, approximately 19.2 million dollars) at 9:00 PM on January 16. deBridge (DBR) unlocked about 618 million tokens (14.81% of circulation, approximately 11.6 million dollars) at 8:00 AM on January 17, and ZKsync (ZK) unlocked about 173 million tokens (3.16% of circulation, approximately 5.9 million dollars) at 4:00 PM on the same day.

Last Project Unlocking in Late January

CHEEL (CHEEL) executed an unlocking of about 20.81 million tokens (2.78% of circulation, approximately 11.6 million dollars) at 8:00 AM on January 13. These large-scale unlocking events acted as significant variables that could increase short-term market volatility, indicating that investors should respond cautiously to the expanding token supply.

TRUMP-7,21%
ARB-12,37%
STRK-12,6%
SEI-10,75%
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