Token unlocks, as preset events in the lifecycle of crypto assets, often reshape market supply and demand in the short term and serve as a key window to observe the health of project ecosystems and participant behavior. In the first week of March 2026, cryptocurrencies worth over $572 million will be gradually released, among which Hyperliquid (HYPE), RedStone (RED), and Ethena (ENA) stand out due to their unlock scale, circulating supply ratio, or representative status in their respective sectors, becoming the core focus of market attention. This article will objectively analyze the timeline, capital structure, market sentiment, and potential industry impact behind this unlock event, using a multi-model analytical framework to provide readers with a clear and rational understanding.
Market Focus $572 Million Supply Wave: HYPE, RED, ENA Unlock Imminent