The large-scale Token Lockup schedule next week could cause price volatility, with Sui planning to unlock 42.94 million Token (approximately $37.2 million) at 08:00 Beijing time on April 1st.
The cryptocurrency market also saw updates on BlackRock's strategic recruitment, OnePay's (Walmart) new Token portfolio, whale ETH buying activity, and a Bitcoin Dip warning from Willy Woo.
- Token Unlocks: Sui unlocked 42.94 million Token (1.10% of the circulating supply), worth approximately $37.2 million, at 08:00 Beijing time on April 1st.
- BlackRock is hiring a Managing Director of Digital Assets in New York, with a base salary of $270,000–$350,000 per year, leading strategies for cryptocurrency, stablecoins , and Tokenize.
- OnePay (Walmart) adds Sui, Polygon, and Arbitrum; bringing the total number of new Token to over 10, after a period of only supporting Bitcoin and Ethereum .
Token Lockup next week.
Many projects are expected to be unlocked, focusing on Sui, OP, ZORA, KMNO, ZETA, ENA, and OPN.
ZORA unlocked approximately 167 million Token (3.70%), worth approximately $2.5 million, at 08:00 Beijing time on March 30th. KMNO unlocked approximately 229 million Token (3.37%), worth approximately $4 million, at 20:00 Beijing time on March 30th. OP unlocked approximately 31.34 million Token (1.55%), worth approximately $3.2 million, at 08:00 Beijing time on March 31st.
Sui unlocked approximately 42.94 million Token (1.10%), worth approximately $37.2 million, at 08:00 Beijing time on April 1st. ZETA had two unlocks: 36.82 million Token (7.54%) at 12:00 on April 1st and 44.26 million Token (3.37%) at 08:00 on April 1st. ENA unlocked 40.63 million Token (0.52%) at 08:00 on April 2nd; OPN unlocked 32.09 million Token (13.91%) at 20:00 on April 5th.
Other noteworthy news items
Institutions and whales continue to be the focus, while macroeconomic risks are reiterated in on-chain models.
BlackRock is hiring a Managing Director of Digital Assets to lead cryptocurrency, stablecoin, and Tokenize, drive company-wide rollout, and manage key client relationships; base salary of $270,000–$350,000 per year, plus bonuses. OnePay adds Sui, Polygon, and Arbitrum after listing Solana, Cardano, Bitcoin Cash, and PAX Gold ; the platform launched in January, initially trading only Bitcoin and Ethereum.
A whale spent $10 million buying 5,039 ETH and now holds 138,234 ETH ($273.98 million) along with $142.3 million in debt. Machi (Huang Licheng) was partially liquidated, closing several Longing ETH and BTC positions, then continued to increase his position; total losses reached $31.3 million. Willy Woo cited a traditional on-chain model suggesting a Bitcoin Dip of $46,000–$54,000; a CVDD model Dip at $45,500 and warned that if the macro foundation collapses, an unprecedentedly deep bear market could emerge.
