Crypto markets are heading into a tightly packed unlock window, with more than $100 million in tokens scheduled to enter circulation between March 30 and April 5. The releases span 10 projects over just six days, a setup that can add near-term selling pressure if recipients such as early backers, team members, or protocol treasuries decide to move tokens into the market.
Sui posts the largest single unlock of the week
The biggest release by dollar value belongs to Sui. On April 1, the project is set to unlock $47.5 million worth of SUI, equal to 53.4 million tokens. That amount represents 0.53% of total supply. By size alone, Sui stands well ahead of the rest of the week’s schedule and is likely to draw close attention from traders.
EDGE carries the heaviest percentage increase in supply
Definitive’s EDGE token ranks second by dollar value, with an unlock of $16.6 million due on April 2. The release covers 138.3 million EDGE, or 13.8% of total supply. That is the highest percentage unlock in this group. In practical terms, a release of that scale can matter more than headline dollar value if a meaningful share of the tokens reaches the open market.
ENA, GUNZ, and EIGEN make up the mid-sized unlocks
Ethena’s ENA is scheduled to unlock $8.81 million on April 2, covering 94.1 million tokens and 0.63% of supply. GUNZ follows on March 31 with $7.03 million worth of GUN, equal to 410.3 million tokens and 4.1% of total supply. EigenCloud rounds out the top five with an $6.5 million EIGEN unlock on April 1, representing 2.04% of supply.
Smaller releases still affect holders of individual tokens
Five additional projects are also on the calendar. Optimism will unlock $3.39 million in OP on March 31, while Bitway is set to release $2.91 million in BTW on April 2. Zama, Zora, and Keeta each have unlocks ranging from $2.47 million to $2.7 million, with Keeta’s KTA scheduled slightly later on April 5.
High-percentage unlocks may see the sharpest short-term pressure
Measured by supply impact rather than raw dollar size, the tokens facing the greatest short-term risk are EDGE, GUN, and EIGEN. Their unlocks amount to 13.8%, 4.1%, and 2.04% of total supply, respectively. That does not guarantee selling, but with multiple projects releasing tokens inside a compressed window, supply expansion itself becomes a key factor for market participants to watch.