The final week of January is shaping up to be a key test for several major crypto assets, as a dense cluster of token unlocks prepares to introduce significant new supply into the market.
According to the upcoming release schedule for January 26 – February 1 (Week 5), more than $200 million worth of tokens are set to be unlocked across a mix of large-cap and mid-cap projects, potentially influencing short-term price action.
Among the most closely watched names are Sui, EigenCloud, Optimism, and Sign, all of which face notable supply expansions within days.
Major Unlocks Concentrated at Week’s End
The largest single unlock by dollar value belongs to Sui, scheduled for February 1, with 54.0 million tokens entering circulation. This represents 0.54% of total supply and carries an estimated unlock value of $80.38 million, equivalent to 1.42% of Sui’s market capitalization. Even after this release, only 37.9% of SUI’s total supply will be unlocked, highlighting a still-lengthy vesting curve ahead.
EigenCloud follows with an unlock of 36.82 million tokens on February 1, valued at $12.35 million. This release accounts for 2.06% of supply and 6.75% of market cap, making it one of the more aggressive unlocks relative to size. Post-unlock, EigenCloud’s circulating supply will reach 23.3%.
Optimism is scheduled for January 31, unlocking 32.21 million OP tokens, worth approximately $9.81 million. While the percentage of supply unlocked is modest at 0.75%, the release still represents 1.66% of market capitalization, with 42.0% of OP’s supply already unlocked.
Smaller Caps Face Disproportionate Supply Pressure
Lower-cap projects show a more pronounced imbalance between unlock size and market depth. Treehouse is set to unlock 90.66 million tokens on January 29, an amount equal to 9.07% of total supply and a striking 58.1% of market capitalization, despite the dollar value being relatively smaller at $9.78 million.
Sign follows on January 28, unlocking 189.17 million tokens, or 1.89% of supply, valued at $7.81 million. With only 17.8% of total supply unlocked so far, the project remains early in its emission cycle, suggesting continued supply events ahead.
Additional unlocks include KITE AI on February 1 with 100.0 million tokens ($11.54 million, 1.00% of supply) and Undeads Games (UDS) on January 30, releasing 4.68 million tokens worth $11.31 million, representing 1.87% of supply.
What the Market Is Watching Now
With multiple unlocks clustered into a narrow window, traders are closely monitoring liquidity conditions and short-term price behavior, particularly for assets where the unlock size represents a meaningful share of market capitalization.
Projects with lower circulating supply percentages and high upcoming emissions may remain sensitive to selling pressure, while larger networks with deeper liquidity could absorb the new supply more smoothly.
As Week 5 unfolds, token distribution dynamics, not headlines, are likely to be the dominant driver of volatility across this group.
