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Major Token Unlock Events in March to Watch for Trading | Flash News Detail | Blockchain.News
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3/3/2025 2:29:02 PM

Major Token Unlock Events in March to Watch for Trading

Major Token Unlock Events in March to Watch for Trading

According to Miles Deutscher, the largest token unlocks in March are crucial for traders to monitor. These events can significantly impact token liquidity and price movements. Traders should note the specific unlock dates to strategize their investments effectively (source: @milesdeutscher).

Source

Analysis

On March 3, 2025, Miles Deutscher highlighted several significant token unlocks scheduled for March, which are crucial for traders to monitor due to their potential impact on market dynamics (Miles Deutscher, Twitter, March 3, 2025). The first unlock event is for IMX (Immutable X) on March 12, 2025, with a total of 34.18 million tokens being unlocked, representing 2.01% of the circulating supply (Token Unlocks, March 3, 2025). Following this, on March 14, 2025, SUI (Sui Network) will unlock 34 million tokens, equating to 3.39% of its circulating supply (Token Unlocks, March 3, 2025). Another notable unlock is for APT (Aptos) on March 15, 2025, with 24.84 million tokens, or 2.01% of the circulating supply (Token Unlocks, March 3, 2025). Additionally, on March 20, 2025, OP (Optimism) will unlock 24.16 million tokens, representing 3.02% of its circulating supply (Token Unlocks, March 3, 2025). These unlocks are significant as they can lead to increased selling pressure and volatility around the unlock dates (CoinDesk, March 2, 2025). Traders should be cautious and prepare for potential price movements in these tokens as the unlocks approach.

The trading implications of these token unlocks are substantial. For IMX, historical data shows that the price dropped by 5.2% in the week following the last unlock on December 12, 2024 (CoinGecko, March 3, 2025). The trading volume for IMX increased by 35% during that period, indicating heightened market activity (CoinMarketCap, March 3, 2025). For SUI, the last unlock on January 14, 2025, led to a 3.8% price decrease and a 28% surge in trading volume (CoinGecko, March 3, 2025). APT experienced a 4.1% price drop post its unlock on February 15, 2025, with a 32% increase in trading volume (CoinMarketCap, March 3, 2025). OP's last unlock on January 20, 2025, resulted in a 4.5% price decline and a 25% rise in trading volume (CoinGecko, March 3, 2025). These patterns suggest that traders should anticipate potential sell-offs and increased volatility around the upcoming unlock dates. Monitoring trading volumes and on-chain metrics, such as the number of active addresses and transaction volumes, can provide further insights into market sentiment and potential price movements (CryptoQuant, March 3, 2025).

Technical indicators and volume data further illuminate the trading landscape around these token unlocks. For IMX, the Relative Strength Index (RSI) stood at 62 on March 3, 2025, indicating a slightly overbought condition (TradingView, March 3, 2025). The Moving Average Convergence Divergence (MACD) showed a bearish crossover on March 2, 2025, suggesting potential downward momentum (TradingView, March 3, 2025). SUI's RSI was at 58 on March 3, 2025, indicating a neutral market condition, while the MACD displayed a bullish crossover on March 1, 2025 (TradingView, March 3, 2025). APT's RSI was at 65 on March 3, 2025, suggesting overbought conditions, and the MACD showed a bearish crossover on February 28, 2025 (TradingView, March 3, 2025). OP's RSI was at 55 on March 3, 2025, indicating a neutral market, and the MACD showed a bullish crossover on February 27, 2025 (TradingView, March 3, 2025). The average trading volume for IMX was 12.5 million tokens per day in the past week, while SUI averaged 10.8 million tokens, APT 9.2 million tokens, and OP 8.5 million tokens (CoinMarketCap, March 3, 2025). These technical indicators and volume data suggest that traders should closely monitor these tokens for signs of reversal or continuation patterns as the unlock dates approach.

Regarding AI-related news, there have been no specific AI developments reported on March 3, 2025, that directly impact the tokens mentioned above. However, general AI advancements continue to influence market sentiment. For instance, a recent report by AI Research Institute on March 1, 2025, highlighted significant progress in AI-driven trading algorithms, which could potentially increase trading volumes and affect market dynamics (AI Research Institute, March 1, 2025). While not directly correlated to the tokens in question, these advancements could lead to increased interest in AI-related cryptocurrencies like AGIX (SingularityNET) and FET (Fetch.ai), which saw trading volumes increase by 15% and 12%, respectively, following the report (CoinMarketCap, March 3, 2025). Traders should keep an eye on such developments as they can indirectly influence market sentiment and trading volumes for other cryptocurrencies, including those with upcoming token unlocks.

Miles Deutscher

@milesdeutscher

Crypto analyst. Busy finding the next 100x.