$61 Million in Token Unlocks Scheduled for This Week 🚨
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Token Unlocks Overview: Over $61 million worth of tokens are set to unlock this week, with Optimism ($OP) leading the way at $25.12 million on August 29.
Market Impact: Token unlocks can create volatility in the crypto market as previously locked tokens become available for trading, potentially increasing sell pressure.
Importance of Monitoring: Traders should keep an eye on unlock schedules and wallet movements post-unlock, as these events can significantly influence token performance and market sentiment.
Contextual Factors: Not all token unlocks lead to sell-offs; some may be intended for long-term development or staking incentives, which can mitigate immediate price impacts.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.





