We are talking about more than $ 3 billion in chips that flood the market in February. It’s not as massive as January, but still enough to make things happen.
Some tokens could fight under pressure, while others could hold strong. Should you sell, hold or buy the drop? Stay to find out more about these crypto unlocking.
1) sei
Sei is a popular name for those in high -speed trading and defi. SEI is a layer 1 blockchain built specifically for trading applications. Now they have an upcoming unlock on February 15. They plan to release around 55.56 million SEI tokens, worth around $ 12.72 million. And the whole allowance goes to the team.
The following 7 days are crazy.
The biggest unlocking will be $ Of sand where 83m will be unlocked in 2 days.The other big unlocks include:$ Avax $ Ath $ Sei pic.twitter.com/xem2sa5um0
– Moon Jeff
(@ Cryptoad00) February 11, 2025
So far, SEI has unlocked 35% of its total supply, but here is the concern – the token is already down more than 40% in the last 30 days. More tokens entering into circulation, especially when the market is low, could add even more sales pressure. Let’s see this one. That’s it. So, do you hold, buy or sell? Tell us in the comments.
2) The sandbox (sand)
Then we have sandbox. If you are in the metavese, you already know the name. It is one of the greatest players in space and the second largest Metaveverse token. They have almost a billion dollars market capitalization. Now Sandbox has a big unlocking tokens to come on February 14. They push 205.59 million sandstons of sand, worth nearly $ 79.2 million.
Most of this goes to the team, advisers and business reserve, essentially by rewarding the first contributors and advancing the project. But here is the problem – it happens at a fairly difficult time. The sand is already down 35% last month, and now, with even more tokens entering circulation, this could add more pressure to the price. One to keep an eye on.
2 / The sandbox – $ Of sand
Unlocking date: February 14
Unlocked tokens: 205.59m $ Of sand
Power supply of current: 2.45B $ Of sand
The sandbox, the second largest metavese token, will unlock 205.59 million sand chips worth $ 79.2 million. Most of them will be added to the company’s reserve, etc. pic.twitter.com/owue6defcw
– Wise Crypto (@wisecrypto_) February 10, 2025
On the other hand, 93% of the total Sand offer is already unlocked. What does that mean? Well, most of the tokens are already there, so we are not looking at a future flow of supplies. It is a good thing in terms of major dilution avoidance, but it also means that the market already feels most of the pressure of the tokens in circulation. The sand is to look at.
3) Polyhedra network (ZKJ)
The Polyhedra network is a question of interoperability and zero knowledge technology (ZK). They facilitate assets and data to move safely between blockchains. They have an upcoming unlock on February 12. About 17.22 million ZKJ tokens, worth around 35.48 million dollars will arrive on the market. Here is how the allowance breaks down:
- Community airline and other activities: 4.17 million ZKJ. This represents approximately 6.90% of the supply in circulation, worth $ 8.58 million.
- Foundation reserves: 4.17 million ZKJ. About 6.90% of the supply in circulation, worth $ 8.58 million.
- Ecosystem and network incentives: 8.89 million ZKJ. This represents 14.72% of the supply in circulation, worth $ 18.31 million.
Their last unlock was barely a month ago, and it is interesting to note that the token has been in place since then. So this unlock may not be as worrying as others.
4) Cheele (Cheel)
The first major unlocking is from Cheelee. Cheelee is a video platform powered by Crypto where you are rewarded to watch and interact with the content. It works on the BNB smart chain and mixes in the NFTS and Gamefi elements. Now Cheelee is about to unlock 20.81 million cheel tokens on February 13. And these tokens are about $ 164.21 million.
If that seems a lot, well, their last unlock was last month, January 13, but the price remained quite stable afterwards. Cheel held around the $ 8 range, plunging in the $ 7 occasionally. But that was more due to the overall slowdown in the market than unlock itself.
3 / Cheelee – $ Cheel
Unlocking date: February 10
Unlocked tokens: 2.67m $ Cheel
Power supply of current: 56.8 m $ Cheel
Cheelee, a video-based video platform, unlocks 2.67 m $ Cheel chips. These will be mainly used for liquidity, with only a small part going⦠pic.twitter.com/w7wul8ufoh
– Wise Crypto (@wisecrypto_) February 10, 2025
So, how is February unlocking allocated? Here is the ventilation:
- Cheelee awards: 10.58 million from (~ 83.50 million dollars)
- Community decrease: 36.72K Cheel (~ 289.71K $)
- Liquidity (remaining): 2.64 million cheese (~ $ 20.82 million)
- Marketing (remaining): 7.55 million cheese (~ $ 59.60 million)
They have large figures, but the last unlock has not blocked things much. So, this one? Let’s see how the market reacts.
5) Connex (CONX)
One of the big locks of chips this week comes from Provne. Connex is a professional web3 network to create a decentralized space for job seekers and employers. On February 15, they released 4.33 million Conx, which represents a huge 376.30% of the supply in circulation, worth $ 88.32 million. Here’s how it is divided:
- Team: 1.00 m conx (~ $ 20.41 million)
- Foundation: 1.00 m conx (~ $ 20.41 million)
- Marketing: 705K Conx (~ $ 14.39 million)
- Advisers and partners: 300K Conx (~ $ 6.12 million)
- Ecosystem: 822.5k conx (~ 16.79 million $)
- Community Treasury: 500K conx (~ $ 10.21 million)
The last time they unlock on January 15, the price remained quite stable, moving between $ 20 and $ 21. But here is something to watch: Tokenomist.ai pointed out that the power supply of Conx has been fixed for more than a year, which could be a red flag. If you shoot or exchange, stay sharp.
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