- Over $973M in insider token unlocks from March 3-8 could lead to notable market volatility and impact liquidity.
- Ethena (ENA) leads with a $855.23M unlock, 65.93% of supply, likely affecting price action and investor sentiment.
- Market sentiment is mixed, high confidence in buying dips, but historical patterns warn of potential market corrections.
The crypto market might potentially have high volatility as several major token unlocks take place this week. The scheduled releases, aimed at controlling early investor sell offs, could impact liquidity and price action. Data indicates that large unlock volumes relative to daily trading volumes often lead to increased volatility.
Largest Token Unlocks and Market Impact
This week’s unlock schedule is among the most significant since November 2024 and January 2025. According to Tokenomist, over $973 million worth of insider tokens will be released, with some projects seeing substantial portions of their circulating supply unlocked.
🟣 Weekly Insider Unlocks : 3-9 Mar '25
— Tokenomist (prev. TokenUnlocks) (@Tokenomist_ai) February 28, 2025
🔥 973.66m+ 🔥
Insider Unlocks Highlights 🔓$ENA (65.93%) – $855.23m$SUI (1.24%) – $106.98m$NEON (11.20%) – $4.12m$AGI (1.71%) – $1.84m$IOTA (0.24%) – $1.76m$SPELL (0.83%) – $1.01m
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( % of cir. supply) pic.twitter.com/bQQm0hnezH
Ethena’s (ENA) unlock leads with $855.23 million, accounting for 65.93% of its supply. Other notable unlocks include Sui (SUI) at $106.98 million which is 1.24% of supply and Neon (NEON) at $4.12 million with 11.20% of supply.
Smaller unlocks from Artificial General Intelligence (AGI), IOTA, Spell Token (SPELL), and others also contribute to the market movements. These releases, occurring between March 3 and March 8, are expected to influence price movements in different digital assets.
Complete Token Unlock Breakdown
The unlocks begin on March 3 with SUI releasing $106.98 million worth of tokens, making up 1.24% of its circulating supply. On March 4, IOTA follows with an $1.76 million unlock, representing 0.24% of its supply.
ENA’s major unlock of $855.23 million is scheduled for March 5, releasing 2.06 billion tokens. On March 6, Cetus (CETUS) will unlock $0.98 million worth of tokens, accounting for 1.26% of its supply.
March 7 will see three releases: AGI with $1.84 million which is 1.71% of supply, HFT with $0.74 million, 1.52% of supply, and NEON with $4.12 million which is 11.20% of supply. Finally, on March 8, SPELL will unlock $1.01 million, representing 0.83% of its supply.
Market Sentiment and Trading Trends
According to Santiment, trader sentiment is showing high confidence, with many believing the current dip is a buying opportunity. Data from social platforms, including X, Reddit, and Telegram, indicates an increase in discussions about purchasing assets.
🤷 Traders are showing a very high level of confidence that this dip is 'the one to buy', according to the spike in discussions across X, Reddit, Telegram, 4Chan, BitcoinTalk, and Farcaster. Ideally, we are waiting for this crowd enthusiasm to die down as a signal that enough… pic.twitter.com/nM99sLw4v3
— Santiment (@santimentfeed) February 28, 2025
However, historical patterns suggest that markets often move against crowd expectations. Analysts note that declining optimism and fewer “buy-the-dip” discussions could indicate a market shift. If sentiment weakens, price rebounds may follow. The upcoming unlocks could be important in shaping short term market trends.
