According to CryptoRank, Sui, Edge, Beat and other projects will unlock tokens next week totaling over $100 million. SUI leads with 53.4 million tokens ($47.19M). Market attention is on potential supply and price impacts.
Altcoin open interest fell to $14 billion, with extreme divergence in long/short positions. BNX leads shorts, while COAI sees over 83% longs. Market remains bearish overall, dominated by Bitcoin.
Altcoin market exhibits extreme divergence: BNX leads short targets while COAI sees over 83% long positions. Total open interest drops to $14B, lowest since summer 2025, as Bitcoin dominates.
Altcoin markets are showing sharp divergence, with some illiquid tokens heavily shorted and others attracting long bets on potential breakouts. Total altcoin open interest remains muted at around $12 billion to $14 billion, far below its previous peak.
A new wave of token unlocks is scheduled across 12 altcoins this week, with OPN standing out as its release equals 25.42% of market cap. As Bitcoin slips back near $66,000, traders may closely watch potential supply pressure and volatility in lower-liquidity tokens.
A dozen altcoins are set for token unlocks this week while Bitcoin trades near $66,000. OPN leads the list with an unlock equal to 25.42% of its market cap, followed by STO and POWER, raising concerns over short-term selling pressure.
The OPN token saw a sharp rally, surging as much as 110% in 24 hours to $0.2104, currently up 78%, according to Binance data. Insiders say the Opinion team is engaging regulators across multiple jurisdictions to obtain a clearing license for event contracts and compliance for its derivatives exchange.
