- XDC leads with a $49M unlock, making up 2.81% of its circulating supply.
- AGI unlocks $4.35M, representing 46.32% of its total supply this week.
- $304.79M in token unlocks occurred from January 27-February 2, 2025, including $SUI and $OP.
The crypto market is seeing a shift in token distribution, as insider unlocks for the week of February 3-9, 2025, total over $79.95 million. These unlocks involve private investors, team members, founders, and advisors who are set to release tokens into circulation.
XDC and NEON Lead the Way
The largest unlock by value is for XDC. Other releases include NEON, GGP, AGI, MAVIA, and SPELL, with each set to unlock certain percentages of their circulating supply.
XDC leads with the largest value at $49.07 million, making up 2.81% of its circulating supply. This unlock is followed by NEON, which will release $10.4 million, or 22.35% of the total supply.
Also, GGP has $7.63 million set to be unlocked, which is 11.79% of its circulating supply. AGI, associated with Artificial General Intelligence, will unlock $4.35 million, which amounts to 46.32% of its circulating supply.
Related: Insider Unlocks Set to Impact Market Dynamics: January 27 – February 2, 2025
More Tokens on the Move
MAVIA, a token that’s been picking up steam lately, will unlock $3.19 million, 13.38% of its circulating supply. SPELL will release $2.23 million, 0.84% of its circulating supply. However, the 2024 annual report from Tokenomist shows a total of $82 billion in token unlocks were consumed in the year, with expectations for this figure to rise to $150 billion by 2025.
In response to the ups and downs of the market, Binance has introduced new listing guidelines that target the float at token generation events (TGE), pushing projects to prioritize sustainable tokenomics.
A Continuing Trend
These releases show the increasing volume of tokens hitting the market, a trend that was also seen during the previous unlock cycle (January 27 – February 2, 2025), which saw a total of $304.79 million in unlocks.
Related: Crypto Token Unlocks: $420M Worth of SUI, OP, ZETA Incoming
$OP (Optimism) saw a release of $53.28 million, making up 2.32% of its circulating supply, while $SUI recorded a release of $208.89 million, amounting to 1.62% of its total supply.
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