Upcoming Token Unlocks: A Closer Look at $W , $OP , $SUI

Tokens worth 347 million USD will be unlocked from July 29 to August 4, 2024.

The top unlocks are W ($171.72 million), OP ($54.53 million), SUI ($48.98 million).

Markets prepare for potential liquidity shifts and price volatility.

The cryptocurrency market is bracing for a potential shake-up as more than $347 million worth of tokens are expected to enter circulation between July 29 and August 4, 2024.

According to data from Token Unlock, a significant amount of tokens will be issued, including W ($171.72 million), OP ($54.53 million), and SUI ($48.98 million). ), representing the largest portion of the incoming supply.

🔓 Weekly cliff unlock: 4-29, August 24 🔓🔥 $347.28 million 🔥🌟 Unlock highlights 🌟$W (33.33%) – $171.72 million$OP (2.79%) – $54.53 million – 10.58 million$ENA (0.87%) – 6.58 million USD.

— Token Unlocks (@Token_Unlocks) July 26, 2024

Specifically, the VC-backed W project plans to issue 171.72 million USD, accounting for 33.33% of the circulating supply. Similarly, the OP token will unlock $54.53 million, representing 2.79% of its circulating supply. The SUI token is expected to unlock $48.98 million, or 2.56% of its circulating supply.

Other significant unlocks include ZETA, with 33.69 million USD (18.92% of circulating supply) released, GAL with 14.81 million USD (3.52%), DYDX with 10.58 million USD (nearly 3.6%) and ENA with 6.58 million USD (0.87%).