This week 23 altcoins worth $773 million are being unlocked.

This week in the crypto market, a total of approximately 773.9 million dollars worth of token unlocks will occur for 23 different altcoins between September 29 and October 6. This situation could lead to increased short-term selling pressure on the relevant altcoins and marks an important period for investors to be cautious.

According to data released by Tokenomist, among the prominent projects with upcoming unlocks, SUI stands out with $143.86 million (1.23% of locked supply), ENA with $126.78 million (3.24% of locked supply), and EIGEN with $68.59 million (13.77% of locked supply). Other significant values include OP with $21.33 million (1.74% of locked supply), IMX with $19.45 million (1.26% of locked supply), and BIGTIME with $16.07 million (20.01% of locked supply).

Additionally, KMNO with $15.57 million (6.37% of locked supply) and ZETA with $7.41 million (4.33% of locked supply) will be in the market this week with gradual unlocks. REZ also stands out with a value of $5.07 million (9.64% of locked supply).

Among the projects that will be gradually unlocked throughout the week are assets such as SOL with $104.88 million (0.09% of supply), TRUMP with $37.41 million (1.52% of supply), WLD with $49.14 million (0.97% of supply), and DOGE with $22.43 million (0.06% of supply). The unlock amounts in these projects could signal potential price fluctuations for investors.

A significant increase in supply in projects with a high unlock rate, such as BIGTIME, EIGEN, KMNO, REZ, and MORPHO, means that investors may face short-term selling waves. It is especially recommended that investors be cautious and prepared for market volatility in tokens with an unlock rate above 5%.