- Tokenomist data revealed that the crypto market will witness token unlocks worth $3.9 billion in February.
- SUI leads the table of highest unlock value for the month with over $320 million supply injection.
- Aptos and Arbitrum, among several projects, will also see a supply hike.
The crypto market will witness token unlocks worth over $3.9 billion in February, led by SUI unlocking $322 million, The Sandbox (SAND) with $128 million, Aptos (APT) and Arbitrum (ARB) unlocking $101 million and $71 million, respectively.
Crypto market set for $3.9 billion token unlock in February
As the crypto market welcomes the second month in 2025, it anticipates a massive wave of cliff unlocks totaling $3.9 billion.
Cliff unlocks are events where crypto projects release previously locked tokens into circulation. Prices tend to decline if demand doesn't match the supply hike.
Tokenomist data revealed that over 60 tokens, including SUI, APT, SAND, ARB, Avalanche (AVAX), Ethena (ENA), Immutable X (IMX) and EigenLayer (EIGEN), will increase their circulating supply in February.
SUI will see the highest supply injection in the month, with unlocks totaling $322 million. The hike in its circulating supply begins on February 1, with 80 million SUI worth roughly $288 million, hitting the market.
SUI's unlock volume represents 0.64% of its circulating supply, which could imply less effect on its price.
Other notable unlocks to look out for include SAND, which will unlock over $128 million worth of its locked supply.
APT, AVAX and ARB will also unlock $101 million, $64 million and $71 million worth of their tokens into circulation in February.
Meanwhile, $79 million worth of token unlocks will hit the market next week. The tokens involved include XDC, NEON, GGP, AGI, MAVIA and SPELL.
XDC will unlock $49 million worth of its tokens next week and gradually increase its circulating supply throughout the month.
Cryptocurrency metrics FAQs
The developer or creator of each cryptocurrency decides on the total number of tokens that can be minted or issued. Only a certain number of these assets can be minted by mining, staking or other mechanisms. This is defined by the algorithm of the underlying blockchain technology. On the other hand, circulating supply can also be decreased via actions such as burning tokens, or mistakenly sending assets to addresses of other incompatible blockchains.
Market capitalization is the result of multiplying the circulating supply of a certain asset by the asset’s current market value.
Trading volume refers to the total number of tokens for a specific asset that has been transacted or exchanged between buyers and sellers within set trading hours, for example, 24 hours. It is used to gauge market sentiment, this metric combines all volumes on centralized exchanges and decentralized exchanges. Increasing trading volume often denotes the demand for a certain asset as more people are buying and selling the cryptocurrency.
Funding rates are a concept designed to encourage traders to take positions and ensure perpetual contract prices match spot markets. It defines a mechanism by exchanges to ensure that future prices and index prices periodic payments regularly converge. When the funding rate is positive, the price of the perpetual contract is higher than the mark price. This means traders who are bullish and have opened long positions pay traders who are in short positions. On the other hand, a negative funding rate means perpetual prices are below the mark price, and hence traders with short positions pay traders who have opened long positions.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended Content
Editors’ Picks
Bitcoin edges below $84,000 as US Crypto Strategic Reserve hype fades
Bitcoin price extends its decline on Tuesday and erases its weekend gains. US President Trump’s announcement of the Crypto Strategic Reserve was turned into a short-term “buy the rumor, sell the news” event.
Cryptomarket falls as US Crypto Strategic Reserve hype fizzles into classic ‘buy the rumor, sell the news’
Bitcoin, Ethereum, Solana, Ripple and Cardano continue their declines for the second consecutive day after their recent upsurge on Sunday.
Pepe Price Forecast: PEPE bears target double-digit drop amid market weakness
Pepe price is extending its decline on Tuesday after falling more than 18% the previous day. On-chain data shows that PEPE’s daily active addresses and trading volume are falling, indicating a bearish picture.
Solana memecoins in red: Popcat and Dogwifhat shed $140M as TRUMP’s token tumbles 80% from all-time high
Solana memecoin sector valuation declined by $2 billion in 24 hours to hit $8.1 billion in early Asian trading on Tuesday. Technical indicators highlight key levels to watch as Popcat, Dogwifhat and Trump (TRUMP) emerge as the top losers.
Bitcoin: BTC bloodbath continues, near 30% down from its ATH
Bitcoin (BTC) price extends its decline and trades below $80,000 at the time of writing on Friday, falling over 15% so far this week. This price correction wiped $660 billion of market capitalization from the overall crypto market and saw $3.68 billion in total liquidations this week.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.