More than $1.69 billion in tokens are scheduled to be unlocked this week.
ONDO and TRUMP dominate the unlock calendar.
Gold, silver, and PMI metrics suggest capital rotation may be approaching crypto.
More than $1.69 billion worth of crypto tokens are scheduled to hit the market over the next seven days, according to Tokenomist data.
The unlock calendar includes both large one-time cliff releases and substantial linear token releases.
Among the biggest cliff unlocks is RWA asset Ondo Finance (ONDO), which alone accounts for roughly $772 million worth of tokens, representing over 57% of its adjusted released supply.
According to Tokenomist, upcoming one-time large token unlocks (exceeding $5 million) in the next 7 days include ONDO, TRUMP, CONX, ARB, DBR, CHEEL, STRK, SEI, ZK, etc.; Linear large unlocks (daily amounts exceeding $1 million) in the next 7 days include RAIN, SOL, TRUMP, WLD,… pic.twitter.com/erqqMsYGWF
In previous cycles, gold and silver strength often preceded a rotation into crypto once. Gambardello also discussed the global PMI, which has spent years in deep contraction.
He added that in past cycles, every move out of these contraction zones resulted in a major crypto rally.
With QT ending, removing a key source of liquidity drain, Gambardello said that conditions where crypto can begin absorbing capital have lined up.
“Gold and silver lead during uncertainty…then stall right as PMI turns up and crypto starts moving. Crypto doesn’t lead these shifts. It reacts to them, then explodes. The ingredients are all lining up again,” he said.
It is clear that the short-term volatility risk is real with $1.7 billion worth of tokens unlocking.
However, at the same time, there is a huge possibility that fresh supply could meet with improving demand rather than forced selling.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.