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Large Locked Token Unlock Events Coming Soon for HYPE, SUI, and EIGEN
Next week will witness major locked SOL token release events that could impact the market. Three major projects, HYPE, SUI, and EIGEN, are preparing to distribute large amounts of tokens, potentially creating pressure on prices and supply factors.
HYPE Leads with the First Distribution
The HYPE project will be the pioneer, releasing 9.92 million tokens on December 29 at 15:30 UTC+8. This token release is valued at approximately $256 million, marking an important milestone in the project’s token distribution history.
SUI and EIGEN Follow Into the New Year
As January begins, investors should pay attention to two major consecutive SOL lock-up events. At 8:00 AM on January 1 (UTC+8), SUI will release 43.69 million tokens worth $63.4 million. Just a few hours later, at 12:00 noon on the same day, EIGEN will continue with a release of 36.82 million tokens valued at $14.4 million.
Impact on Supply Dynamics
These SOL lock-up token releases are closely watched by the market because they directly affect the token supply mechanism. Investors should prepare appropriate trading plans ahead of these events, as the new token quantities released could influence the price momentum of each project.