How can a $2.06 million token unlock make a coin’s circulating supply swell by half overnight?
Scroll ($SCR ) has a cliff unlock scheduled for 7:00 a.m. Beijing time on October 22: 97.42 million tokens will be released all at once to the “Ecosystem and Growth” allocation. At the current price, they’re worth only about $2.06 million—not much, you might think. But that’s equivalent to 51% of the current circulating supply of 190 million tokens, meaning the supply in circulation will double overnight.
My take: when looking at unlocks, don’t focus only on the absolute amount—the relative impact is what matters. SCR has a total supply of 1 billion tokens, and only 19% has been released so far. The remaining 81% is all scheduled future sell pressure. This unlock is going to an ecosystem wallet, so it may not be dumped directly on the market (the tokens could be used for incentives and grants). But with a one-time cliff release and almost no value capture from the token itself (it’s purely for governance), buying demand is already weak. Historical data also shows that SCR has typically seen moderate volatility in the seven days after its past unlocks. The timing at T-5 is interesting: markets often price in unlocks ahead of time, so when October 22 actually arrives, the key question will be whether the sell pressure materializes or the “bad news is already priced in.” For low-cap, low-float coins, the unlock schedule is their biggest fundamental—check the calendar before the chart.
Data as of: 2026-10-16 16:30 UTC
Sources: tokenomist.ai; RootData/ChainCatcher (via TradingView)
For informational purposes only; not investment advice.
#SCRUnlockCountdown
Still holding SCR? Before the unlock, will you trim your position and wait on the sidelines, or hold through to the 22nd?
Scroll ($SCR ) has a cliff unlock scheduled for 7:00 a.m. Beijing time on October 22: 97.42 million tokens will be released all at once to the “Ecosystem and Growth” allocation. At the current price, they’re worth only about $2.06 million—not much, you might think. But that’s equivalent to 51% of the current circulating supply of 190 million tokens, meaning the supply in circulation will double overnight.
My take: when looking at unlocks, don’t focus only on the absolute amount—the relative impact is what matters. SCR has a total supply of 1 billion tokens, and only 19% has been released so far. The remaining 81% is all scheduled future sell pressure. This unlock is going to an ecosystem wallet, so it may not be dumped directly on the market (the tokens could be used for incentives and grants). But with a one-time cliff release and almost no value capture from the token itself (it’s purely for governance), buying demand is already weak. Historical data also shows that SCR has typically seen moderate volatility in the seven days after its past unlocks. The timing at T-5 is interesting: markets often price in unlocks ahead of time, so when October 22 actually arrives, the key question will be whether the sell pressure materializes or the “bad news is already priced in.” For low-cap, low-float coins, the unlock schedule is their biggest fundamental—check the calendar before the chart.
Data as of: 2026-10-16 16:30 UTC
Sources: tokenomist.ai; RootData/ChainCatcher (via TradingView)
For informational purposes only; not investment advice.
#SCRUnlockCountdown
Still holding SCR? Before the unlock, will you trim your position and wait on the sidelines, or hold through to the 22nd?