Next week, Sui, EIGEN, and OPN will have big unlocks; Sui is estimated at $37.2 million.

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The Token Lockup schedule for next week is highlighted by Sui (Sui) unlocking 42.94 million Token worth approximately $37.2 million at 07:00 GMT+7 on April 1st, equivalent to about 1.10% of the circulating supply.

Data from Token Unlocks shows that many projects will unlock Token Lockup from March 30th to April 5th, with the percentage relative to the circulating supply ranging from 0.52% to 13.91%, potentially creating additional short-term supply.

MAIN CONTENT
  • Sui unlocked 42.94 million Token at 07:00 GMT+7 on April 1st, worth approximately $37.2 million (1.10% of circulating supply).
  • EIGEN unlocked 36.82 million Token at 11:00 GMT+7 on April 1st, equivalent to 7.54% of the circulating supply, worth approximately $6.3 million.
  • OPN unlocked 32.09 million Token at 19:00 GMT+7 on April 5th, equivalent to 13.91% of the circulating supply, worth approximately $6.1 million.

Unlock schedule by day (GMT+7)

The unlocks occurred sporadically throughout the week, centered on March 30th and April 1st, with many Token being unlocked simultaneously during the morning and midday hours.

March 30th: Zora (ZORA) unlocked approximately 167 million Token at 7:00 AM, equivalent to 3.70% of the circulating supply, valued at approximately $2.5 million. Kamino (KMNO) unlocked approximately 229 million Token at 7:00 PM, equivalent to 3.37% of the circulating supply, valued at approximately $4 million.

March 31st: Optimism (OP) unlocked approximately 31.34 million Token at 7:00 AM, equivalent to 1.55% of the circulating supply, valued at approximately $3.2 million. April 1st: ZetaChain (ZETA) unlocked approximately 44.26 million Token at 7:00 AM, equivalent to 3.37% of the circulating supply, valued at approximately $2.2 million.

Remaining batches and supply size

The remaining group includes EIGEN, ENA, and OPN, with EIGEN and OPN having high unlock rates compared to the circulating supply.

April 1st: EigenCloud (EIGEN) unlocked approximately 36.82 million Token at 11:00 AM, equivalent to 7.54% of the circulating supply, valued at approximately $6.3 million. April 2nd: Ethena (ENA) unlocked approximately 40.63 million Token at 7:00 AM, equivalent to 0.52% of the circulating supply, valued at approximately $3.7 million.

On April 5th: Opinion (OPN) unlocked approximately 32.09 million Token at 7:00 PM, equivalent to 13.91% of the circulating supply, worth approximately $6.1 million.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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