Over $1 Billion in Token Unlocks Hit a Weak Crypto Market This Week

• Over $1 billion in token unlocks are scheduled between February 2 and February 9.
• HYPE leads cliff unlocks with about $305 million entering circulation at once.
• Linear unlocks add steady pressure, including $91 million from RAIN and $48 million from SOL.

The crypto market is heading into a critical supply test just as prices remain under heavy pressure. A large wave of token unlocks between February 2 and February 9 is set to hit the market, raising concerns about fresh selling pressure.

This comes at a fragile moment. Over the past few days, the crypto market has seen one of its largest crashes, with nearly $500 billion wiped off total market value and around $5 billion worth of leveraged positions liquidated. Against this backdrop, additional supply entering circulation could weigh further on prices.

Cliff Unlocks Bring Large One-Time Supply

A big part of t…

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