So $SIGN ’s “401M unlock today” headline is less clean than it looks.

Several calendars still show a large Oct 28 release, but Sign’s official June 29 update moved backer and early-contributor vesting out of the monthly schedule after July. Those tokens are now set for spaced tranches starting Jan 15, 2027.

That does not prove zero supply can unlock today. Community, ecosystem or foundation allocations may still follow separate schedules and trackers currently disagree on both the amount and recipients.

The trading point: don’t price one recycled calendar number as a confirmed dump. Watch actual on-chain claims, circulating supply and spot absorption. If supply rises without price weakness, the market absorbed it.

If claims hit exchanges and price loses support with rising volume, the unlock risk is real.