This week, there is a $652 million unlock for 23 altcoins.

This week, a significant development will take place in the cryptocurrency market. Between October 27 and November 3, a total of 652.5 million dollars worth of altcoins will experience token unlocks. According to data provided by Tokenomist, the high unlock rates of some projects may increase short-term selling pressure. Investors should be cautious during this important period.

Among the projects that will unlock tokens in bulk, notable names include SUI with 119.13 million dollars (1.21% of the locked supply), GRASS with 80.73 million dollars (72.40% of the locked supply), and EIGEN with 43.82 million dollars (12.10% of the locked supply). Additionally, projects like OMNI with 20.77 million dollars (30.30% of the locked supply) and JUP with 23.56 million dollars (1.72% of the locked supply) also stand out.

Gradual unlocks should also be monitored closely. This week, projects like SOL with 100.84 million dollars (0.09% of the supply), WLD with 35.43 million dollars (1.66% of the supply), and TRUMP with 30.66 million dollars (2.45% of the supply) will see an increase in supply. DOGE, AVAX, and other Ethereum-based assets will also be gradually unlocked and released into the market.

Especially for tokens such as GRASS, EIGEN, OMNI, and SIGN, the high unlock rates necessitate that investors exercise caution regarding price fluctuations. It is crucial for investors to make careful and strategic decisions with tokens having unlock rates above 5%.

The total of 652.5 million dollars worth of tokens set to be released this week presents a significant opportunity for investors to review their portfolios and consider potential opportunities. Closely following the developments during the specified dates will be a critical step for cryptocurrency asset investors.