From January 27 to February 2, 2025, several major tokens will see significant insider unlocks. A total of 304.8 million tokens are set to hit the market, potentially affecting prices.
SUI, OP, ZETA, DYDX, GAL, AI, and YGG are among the most notable tokens with upcoming unlocks. These releases come as the broader market shows bearish momentum, particularly for tokens like SUI, OP, and ZETA.
🔎 Insider Unlocks : 27 Jan – 2 Feb’25 🔎
🔥 304.8m+ 🔥
💡 Insider Unlocks Highlights 💡$SUI (1.62%) – $208.89M$OP (2.32%) – $53.28M$ZETA (6.98%) – $20.01M$DYDX (1.15%) – $9.58M$GAL (3.27%) – $6.84M$AI (5.18%) – $3.90M$YGG (1.83%) – $2.29M pic.twitter.com/cnP08IYN3f
— Tokenomist (prev. TokenUnlocks) (@Tokenomist_ai) January 24, 2025
SUI Bearish Momentum with Limited Recovery Potential
SUI’s price stands at $4.17, down 5.10% in the past 24 hours. The token has been trending downward, failing to hold recent highs. This price drop, combined with a decrease in trading volume, suggests weak buying support.
SUI’s market cap is now $12.54 billion, also down 5.10%. Despite the upcoming unlock of $208.89 million worth of SUI, the token’s bearish momentum could limit any significant recovery in the short term.
Related: Altcoin Unlocks Total $108M: Key Events from January 20-26
Optimism (OP) Declining Activity Amidst Unlock Events
Optimism (OP) has also seen a 5.40% decrease in price, now at $1.67. Market sentiment is clearly bearish, with a corresponding 27.65% drop in trading volume. With $53.28 million in OP tokens set to unlock, the price could experience some volatility. However, given the current decline in market cap and reduced interest, any positive impact from the unlock might be short-lived unless strong buying support materializes.
ZetaChain (ZETA): Struggling to Maintain Valuation
ZetaChain (ZETA) has been facing a tough time, with its price at $0.4489, down 4.50% in the last 24 hours. Despite the significant upcoming unlock of $20.01 million worth of ZETA tokens, the market remains sluggish.
A 32.11% drop in trading volume suggests a lack of strong demand. ZETA’s market cap now stands at $284.76 million, and the token’s future price movement will likely depend on whether the unlocked tokens can spark renewed buying interest.
AI Token: A Mild Bearish Trend with Limited Impact
AI Token’s price has dropped by 2.35%, currently sitting at $0.0006928. While the market cap remains stable at $690.66K, the 134.32% increase in 24-hour volume indicates that some traders are still active.
The token’s price could face further declines if it breaks below the support level of $0.00006850. A breakout above $0.00007050 could trigger a price recovery, but the risks remain high, given the broader market conditions.
YGG and GAL: Mixed Market Reactions
Yield Guild Games (YGG) and Galxe (GAL) are also facing declines, with prices dropping 4.60% and 0.30%, respectively. Trading at $0.343038 YGG’s market cap is down to $144.88 million, and GAL’s market cap sits at $13.35 million.
Related: Crypto Supply Shifts as Aptos, Kaspa Unlock Tokens Worth Millions
Despite these drops, GAL’s trading volume has risen by 12.92%, suggesting some renewed interest currently priced at $1.69. Both tokens could experience short-term volatility as insider unlocks impact their market positions.
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