Crypto Market on Alert From This Week’s $209 Million Token Unlocks

Bitcoin had jumped to $104K, then pulled back to near $103K. $209 million worth of token unlocks could shake market prices. STRK, Sei, and Melania prices rise ahead of major unlocks. Bitcoin has bounced back strongly, briefly crossing the $104,000 mark before pulling back slightly to just under $103,000. This marks a solid recovery from recent lows caused by market fears around tariffs. The bullish momentum extends to altcoins with Ethereum and XRP also climbing, and the majority of tokens showing strong green trends across the board. However, all eyes are now on a major event this week — a large-scale token unlock that could introduce new volatility. Historically, token unlocks have triggered price swings when previously restricted coins become available for trading. Market Braces for Over $200M in Token Unlocks The crypto market is gearing up for a major token unlock scheduled between May 12 and May 18, 2025, with the total value exceeding $209.9 million. These insider unlocks — involving tokens allocated to early investors, founders, or teams — often have an impact on market dynamics, particularly when large amounts are released into circulati… The post Crypto Market on Alert From This Week’s $209 Million Token Unlocks appeared first on Coin Edition .

Source: Coin Edition