$2.6 Billion Token Unlock Events Scheduled for January 13-19
In mid-January 2025, over $2.6 billion in cryptocurrency tokens will be unlocked, impacting market dynamics significantly. Key events include:
- Ondo Finance will unlock 1.94 billion ONDO tokens worth $2.42 billion on January 18.
- On January 16, Arbitrum will release 2.2% of its circulating supply valued at $69.32 million.
- Starknet will unlock $27.55 million in STRK tokens.
- SEI will contribute $21.06 million in token releases, while Ethena will add $11.98 million with ENA.
- Apecoin's APE and Echelon Prime's PRIME will unlock $17.32 million and $10.07 million respectively by January 17.
- Smaller releases include CLOUD at $8.28 million, PIXEL at $7.68 million, and EIGEN at $4.16 million.
This period is expected to bring volatility as token holders may sell to lock in profits. The crypto Fear and Greed Index remains neutral at 50.
The inauguration of Donald Trump on January 20 is raising speculation about a potential altcoin rally due to his pro-crypto stance. The global crypto market cap is currently $3.3 trillion, reflecting a 1% increase in the last 24 hours.