TLDR
Yes. Multiple reputable updates show total token unlocks are roughly $1.69 billion this week, led by Ondo (ONDO) at about $772 million and TRUMP near $299 million per a weekly report.
- Cliff unlocks dominate the headlines; ONDO and TRUMP are the largest by value this week per the report above.
- Smaller cliff unlocks include ARB (~$19 million), STRK (~$10 million), and SEI (~$9 million) per an unlock summary.
- Linear unlocks continue daily for names like RAIN and SOL; impact depends on float, recipients, and market liquidity per the weekly report.
Deep Dive
1. Biggest Unlocks
This weeks total unlocks are reported at about $1.69 billion, with the largest event being ONDO around $772 million and TRUMP near $299 million.
- The headline total and top two events are detailed in a weekly unlocks report.
- Market commentary also flags these as the key supply events in Jan 1218 per the summary above.
2. Cliff vs Linear
Unlock mechanics differ. Cliff unlocks release a large block on a specific date; linear unlocks drip supply daily.
- ARBs ~96 million tokens (~$19 million) unlock on Jan 16, while ONDO and TRUMP represent the largest cliff events per an ARB-focused update.
- The weekly overview lists additional cliff unlocks (STRK, SEI, ZK) and linear unlocks (RAIN, SOL, WLD, DOGE, AVAX) per the report above.
3. How to Gauge Impact
Not all unlocks cause selling. The effect hinges on size versus circulating supply, who receives the tokens, and whether liquidity can absorb new supply.
- The report notes supply injections often raise short-term volatility, especially around large cliff dates, but outcomes vary with demand and recipients behavior per the weekly report.
- ARBs unlock is largely tied to the maker/">DAO Treasury, which can mute direct sell pressure compared to investor or team distributions per the ARB update.
Focus on size vs float, daily volumes, and recipient categories. Large cliff days can be choppy if liquidity is thin; steady linear unlocks may be less disruptive.
Conclusion
The headline figure near $1.69 billion is real and primarily driven by ONDO and TRUMP this week, with smaller cliff and ongoing linear unlocks around names like ARB, STRK, SEI, and SOL. The market impact is path-dependent: large one-day cliffs can amplify volatility, while strong liquidity and aligned recipients can cushion supply effects.
