[Weekly Token Unlock] $330 million worth of locked tokens released… ZRO has the largest unlock scale, with INIT's unlock ratio reaching 46%, raising concerns

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This week, the cryptocurrency market is expected to unlock tokens with a total value of approximately $329 million.

According to data compiled by CryptoRank, during the week from April 20 to 26, the estimated total unlock amount is about $329 million. The date with the highest concentration of unlocks is April 20, with approximately $192837465657483.91T worth of tokens expected to be unlocked.

April 20 ( $73 million ) ZRO|KAITO|SAPIEN
April 21 ( $192837465657483.91T ) ARIA|PLUME|AKE|PYBOBO|GWEI|SKR
April 22 ( $192837465657483.91T ) ID|HYPER|RIVER
April 23 ( $192837465657483.91T ) MET|AVNT|AT|ANIME|SPACE
April 24 ( $192837465657483.91T ) NIL|DOLO|INIT|NEWT|MGO
April 25 ( $192837465657483.91T ) IRYS|ALT|H|PRL|XPL
April 26 ( $192837465657483.91T ) SAHARA|WCT

Unlock amounts by date / CryptoRank

Among the tokens expected to unlock this week, the top five projects by amount are: ▲LayerZero ( ZRO ) $42.69 million ▲Humanity ( H ) $10.93 million ▲Hyperlane ( HYPER ) $10.16 million ▲Plasma ( XPL ) $9.41 million ▲Inisia ( INIT ) $7.69 million.

The top five projects by proportion of unlock amount to market cap are: ▲Inisia ( INIT ) 45.9% ▲Hyperlane ( HYPER ) 43.9% ▲SpaceCoin ( SPACE ) 43.6% ▲Dolomite ( DOLO ) 25.4% ▲LayerZero ( ZRO ) 10.2%.

[Editor’s note] Token unlocking refers to the process where tokens that have been locked for a certain period are released and enter market circulation. Unlock events can lead to increased supply, expanded liquidity, and heightened selling pressure, which are important factors influencing token price volatility and market sentiment. Especially when the unlock amount accounts for a high proportion of market cap or a large number of tokens are released in a short period, the likelihood of price adjustments increases, requiring proactive measures. This article summarizes the scheduled token unlock dates and details for this week for investment reference.

ZRO4.99%
INIT-3.58%
KAITO-12.06%
SAPIEN0.3%
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