Over $389M in Token Unlocks Expected This Week, Led by LAYER, ENA, and SOL

According to a post from Wu Blockchain, between May 5 and May 12, a wave of token unlocks is expected to impact various tokens. This includes both cliff unlocks—one-time, large-scale releases—and linear unlocks, which involve daily disbursements of tokens.Key Cliff Unlocks (>$5M)Among the largest cliff unlocks (often considered high-impact due to immediate liquidity injection) are:LAYER: $86.73M (27.02M tokens, 12.87% of supply)ENA: $49.52M (171.88M tokens, 3.10%)SPEC: $21.30M (10.00M tokens, 48.51%)KAS: $13.39M (144.64M tokens, 0.55%)MOVE: $8.45M (50.00M tokens, 2.00%)NEON: $6.10M (53.91M tokens, 6.93%)These unlocks represent significant portions of token supplies, particularly SPEC and LAYER, raising potential implications for price volatility in the short term.Key Linear Unlocks (>$1M)Also expected this week are daily linear unlocks across multiple ecosystems:SOL: $67.27M (465.77K tokens, 0.09% of circulating supply)WLD: $34.60M (37.23M tokens, 2.84%)TIA: $16.63M (6.96M tokens, 1.13%)DOGE: $16.53M (96.52M tokens, 0.06%)TAO: $17.38M (50.40K tokens, 0.59%)AVAX: $13.92M (700K tokens, 0.17%)SUI: $10.85M (3.35M tokens, 0.12%)DOT: $9.09M (2.30M tokens, 0.15%)IP: $8.74M (2.32M tokens, 0.90%)MORPHO: $9.32M (6.80M tokens, 2.85%) .dark-mode .read-more {background-color: #343a40 !important;} READ MORE: Top Crypto Analyst Explains His Decision to Go All-In on Altcoins The data, sourced from Tokenomist, reflects an ongoing pattern of large unlocks that market watchers often monitor for sell-side pressure and short-term price action.Wu Blockchain, known for its timely crypto analytics and insights, warns that the sheer scale—nearly $400 million—could inject volatility into affected tokens and the broader market this week.The post Over $389M in Token Unlocks Expected This Week, Led by LAYER, ENA, and SOL appeared first on Coindoo.