ygg: 2.7 million unlocked on June 28
op: Unlock 32 million on June 30
sui: 45 million unlocked on 7.3
dydx: Unlock 12 million on July 4
apt: Unlocked 34 million on 7.12
imx: 13 million unlocked on July 15
ape: 35 million unlocked on July 17
id: 7.22 unlocked 4.8 million
axs: 20 million unlocked on July 22
Sand: 140 million unlocked on August 14th
avax: 120 million unlocked on 8.26
The drop after the token is unlocked is usually related to the increase in supply. Token unlocking usually means that a large number of previously locked tokens will re-enter the market supply, causing a sharp increase in market supply, while demand has not increased accordingly, thus bringing downward pressure on prices.
Additionally, token unlocking can sometimes coincide with negative market sentiment or other uncertainties, which can also have an adverse impact on token prices. Market participants may sell their tokens because they fear a drop in value, which could cause prices to fall further due to an excess supply of unlocked tokens.
It should be noted that token unlocking is only one factor in token price trends. There are many other factors in the market that can affect token prices, such as market demand, project team development progress, marketing strategies and publicity, etc. Therefore, investors need to be extra cautious and rational when trading, and should not only focus on short-term fluctuations caused by token unlocking, but ignore more important market factors.
According to experience, there is a high probability of a sharp drop after unlocking, so if you have these coins trapped, if the market is not good, remember to sell them before unlocking, and take them back after unlocking. If the market is very good, you should also consider selling them when they rise, and then take them back when they fall back. I have tried it several times and it works every time!!!