@loopll
The ~$657M token unlocks from Jan 5-12, 2026 (primarily Hyperliquid's $334M cliff unlock, plus Ethena, Aptos, and linear releases like Solana) represent <0.03% of the ~$3T crypto market cap. This had negligible impact on overall market liquidity, with daily trading volumes routinely in the tens of billions absorbing the added supply easily.
For altcoins, unlocks created short-term selling pressure on affected tokens (e.g., potential profit-taking by teams/investors), contributing to mild price suppression in those projects. However, broader altcoin markets showed resilience, holding firm amid the events, indicating limited systemic downward pressure.
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