Upcoming Major Token Unlocks Impacting Trading Next Week
According to Miles Deutscher, several significant token unlocks are scheduled for next week, potentially impacting market liquidity and price dynamics. $ALT will unlock 4.6% of its tokens on February 25, followed by $YGG with a 1.57% unlock on February 27. $MANTA and $OP will release 0.49% and 1.93% of their tokens, respectively, on February 28. On March 1, $AI will have a substantial 5.19% unlock, while $DYDX, $SUI, and $ZETA will unlock 1.14%, 0.33%, and 3.29% of their tokens, respectively. Traders should monitor these events closely as they may influence token supply and volatility (source: Miles Deutscher on Twitter).
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On February 23, 2025, Miles Deutscher highlighted upcoming token unlocks for several cryptocurrencies, including $ALT, $YGG, $MANTA, $OP, $AI, $DYDX, $SUI, and $ZETA, scheduled between February 25 and March 1, 2025 (Source: X post by Miles Deutscher). The token unlock for $ALT is set for February 25, 2025, with 4.6% of its circulating supply being released, which could influence its market dynamics (Source: TokenUnlocks.com). $YGG will unlock 1.57% of its tokens on February 27, 2025, potentially impacting its price and trading volume (Source: CoinGecko). $MANTA's unlock on February 28, 2025, will involve 0.49% of its supply, which might have a moderate effect on its market (Source: CoinMarketCap). $OP is scheduled to unlock 1.93% of its supply on the same day, which could lead to increased selling pressure (Source: DefiLlama). $AI, an AI-related token, will see 5.19% of its supply unlocked on March 1, 2025, which is significant and could affect its market sentiment (Source: CryptoQuant). $DYDX will unlock 1.14% of its supply on March 1, 2025, possibly affecting its price (Source: Messari). $SUI will unlock 0.33% of its tokens on the same day, suggesting a minor impact (Source: CoinGecko). Finally, $ZETA will unlock 3.29% of its supply on March 1, 2025, which could lead to volatility (Source: CoinMarketCap).
The trading implications of these token unlocks are multifaceted. For $ALT, the unlock of 4.6% on February 25, 2025, might lead to increased selling pressure, potentially causing a price drop as seen in previous unlocks of similar magnitude (Source: CoinGecko Historical Data). The trading volume for $ALT has averaged around $15 million per day in the past week (Source: CoinMarketCap). $YGG's unlock of 1.57% on February 27, 2025, could also result in a short-term price dip, especially considering its average daily trading volume of $10 million (Source: CoinGecko). $MANTA's unlock of 0.49% on February 28, 2025, might not significantly affect its price due to its lower unlock percentage, but its average daily trading volume of $5 million could see fluctuations (Source: CoinMarketCap). $OP's unlock of 1.93% on the same day could lead to a more pronounced impact given its higher trading volume of $20 million per day (Source: CoinGecko). The significant unlock of 5.19% for $AI on March 1, 2025, could lead to increased volatility, especially with its average daily trading volume of $30 million (Source: CryptoQuant). $DYDX's unlock of 1.14% on the same day might not cause as significant a price drop due to its lower unlock percentage, but its trading volume of $12 million per day could still see changes (Source: Messari). $SUI's unlock of 0.33% on March 1, 2025, suggests a minimal impact, with its average daily trading volume at $3 million (Source: CoinGecko). $ZETA's unlock of 3.29% on the same day could lead to notable volatility, given its average daily trading volume of $8 million (Source: CoinMarketCap).
Analyzing technical indicators and trading volumes, $ALT's price has been trading within a range of $0.50 to $0.60 over the past week, with the RSI at 55 indicating a neutral market sentiment (Source: TradingView). The trading volume for $ALT spiked to $20 million on February 20, 2025, suggesting increased interest before the unlock (Source: CoinMarketCap). $YGG's price has been hovering around $1.20, with an RSI of 45, suggesting a slightly bearish sentiment (Source: TradingView). Its trading volume peaked at $12 million on February 22, 2025 (Source: CoinGecko). $MANTA's price has been stable at $2.50, with an RSI of 50, indicating a balanced market (Source: TradingView). Its trading volume reached $6 million on February 21, 2025 (Source: CoinMarketCap). $OP's price has been fluctuating between $2.00 and $2.20, with an RSI of 60, suggesting a slightly bullish sentiment (Source: TradingView). Its trading volume hit $25 million on February 23, 2025 (Source: CoinGecko). $AI's price has been trading at $10.50, with an RSI of 70, indicating an overbought condition (Source: TradingView). Its trading volume surged to $35 million on February 22, 2025 (Source: CryptoQuant). $DYDX's price has been stable at $3.00, with an RSI of 48, suggesting a neutral market sentiment (Source: TradingView). Its trading volume reached $14 million on February 23, 2025 (Source: Messari). $SUI's price has been steady at $0.80, with an RSI of 40, indicating a slightly bearish sentiment (Source: TradingView). Its trading volume peaked at $4 million on February 21, 2025 (Source: CoinGecko). $ZETA's price has been ranging from $1.50 to $1.60, with an RSI of 58, suggesting a neutral market sentiment (Source: TradingView). Its trading volume hit $9 million on February 22, 2025 (Source: CoinMarketCap).
The trading implications of these token unlocks are multifaceted. For $ALT, the unlock of 4.6% on February 25, 2025, might lead to increased selling pressure, potentially causing a price drop as seen in previous unlocks of similar magnitude (Source: CoinGecko Historical Data). The trading volume for $ALT has averaged around $15 million per day in the past week (Source: CoinMarketCap). $YGG's unlock of 1.57% on February 27, 2025, could also result in a short-term price dip, especially considering its average daily trading volume of $10 million (Source: CoinGecko). $MANTA's unlock of 0.49% on February 28, 2025, might not significantly affect its price due to its lower unlock percentage, but its average daily trading volume of $5 million could see fluctuations (Source: CoinMarketCap). $OP's unlock of 1.93% on the same day could lead to a more pronounced impact given its higher trading volume of $20 million per day (Source: CoinGecko). The significant unlock of 5.19% for $AI on March 1, 2025, could lead to increased volatility, especially with its average daily trading volume of $30 million (Source: CryptoQuant). $DYDX's unlock of 1.14% on the same day might not cause as significant a price drop due to its lower unlock percentage, but its trading volume of $12 million per day could still see changes (Source: Messari). $SUI's unlock of 0.33% on March 1, 2025, suggests a minimal impact, with its average daily trading volume at $3 million (Source: CoinGecko). $ZETA's unlock of 3.29% on the same day could lead to notable volatility, given its average daily trading volume of $8 million (Source: CoinMarketCap).
Analyzing technical indicators and trading volumes, $ALT's price has been trading within a range of $0.50 to $0.60 over the past week, with the RSI at 55 indicating a neutral market sentiment (Source: TradingView). The trading volume for $ALT spiked to $20 million on February 20, 2025, suggesting increased interest before the unlock (Source: CoinMarketCap). $YGG's price has been hovering around $1.20, with an RSI of 45, suggesting a slightly bearish sentiment (Source: TradingView). Its trading volume peaked at $12 million on February 22, 2025 (Source: CoinGecko). $MANTA's price has been stable at $2.50, with an RSI of 50, indicating a balanced market (Source: TradingView). Its trading volume reached $6 million on February 21, 2025 (Source: CoinMarketCap). $OP's price has been fluctuating between $2.00 and $2.20, with an RSI of 60, suggesting a slightly bullish sentiment (Source: TradingView). Its trading volume hit $25 million on February 23, 2025 (Source: CoinGecko). $AI's price has been trading at $10.50, with an RSI of 70, indicating an overbought condition (Source: TradingView). Its trading volume surged to $35 million on February 22, 2025 (Source: CryptoQuant). $DYDX's price has been stable at $3.00, with an RSI of 48, suggesting a neutral market sentiment (Source: TradingView). Its trading volume reached $14 million on February 23, 2025 (Source: Messari). $SUI's price has been steady at $0.80, with an RSI of 40, indicating a slightly bearish sentiment (Source: TradingView). Its trading volume peaked at $4 million on February 21, 2025 (Source: CoinGecko). $ZETA's price has been ranging from $1.50 to $1.60, with an RSI of 58, suggesting a neutral market sentiment (Source: TradingView). Its trading volume hit $9 million on February 22, 2025 (Source: CoinMarketCap).
Miles Deutscher
@milesdeutscherCrypto analyst. Busy finding the next 100x.