A major one-time token unlock exceeding $5 million in value is scheduled in the next seven days for tokens including SUI, OMNI, OP, KMNO, ENA, ZETA, REZ, MEME, DYDX, GUNZ, and IOTA.
SUI leads the token unlocks with a value of $262.88 million, releasing 2.27% of its total supply. OMNI unlocks $40.43 million, representing 153.77% of its unlock supply.
Solana has the highest daily linear unlock value at $67.61 million, accounting for 0.09% of its circulating supply.
Traders and investors should expect increased market volatility due to these token unlocks, which could influence price movements.