|

IMX, 1INCH, DYDX tokens worth $105 million will unlock in the upcoming week

  • IMX, 1INCH and DYDX tokens will be unlocked in the upcoming week. 
  • DYDX unlock is scheduled for November 30 and IMX, 1INCH unlock events are lined up for December 1.
  • Tokens that will be unlocked account for 1% to 5.4% of the asset’s circulating supply, likely to influence price. 

Cryptocurrency token unlock events are lined up for next week, ImmutableX (IMX), 1INCH, dYdX (DYDX), will unlock $105 million worth of assets. Token unlock events influence prices of assets if they account for more than 1% of the circulating supply. 

Also read: Cardano based project commits to AI integration with launch of AI-powered Girolamo

Crypto token unlocks in the upcoming week

Crypto token unlocks are key events that have an impact on the direction of the asset’s price trend. IMX, 1INCH and DYDX worth $51.5 million, $29.4 million and $24.8 million, respectively, are being unlocked on December 1 and November 30.

ImmutableX is a Layer 2 scaling solution token, 1INCH and DYDX are the native tokens of decentralized crypto exchanges. 

37.49 million IMX tokens that represent 1.87% of the circulating supply are set to enter circulation on December 1. 81.06 million 1INCH tokens, 5.4% of the asset’s circulating supply, worth $29.4 million will likely hit exchange wallets, post unlock. 

The increase in a token’s reserves across exchanges adds to the selling pressure on the asset, driving its price lower. 

Token unlocks

Upcoming token unlocks

Other notable unlocks include SUI, 69.13 million tokens being unlocked on December 3, Axelar (AXL), 25.81 million tokens being unlocked on November 27, Orbler (ORBR) unlock of 37.41 million tokens on December 2 and Skale (SKL), 195.25 million tokens being unlocked on December 1. 

Author

Ekta Mourya

Ekta Mourya

FXStreet

Ekta Mourya has extensive experience in fundamental and on-chain analysis, particularly focused on impact of macroeconomics and central bank policies on cryptocurrencies.

More from Ekta Mourya
Share:

Editor's Picks

Hyperliquid Price Forecast: HYPE rises on commodities demand amid US-Iran war

Hyperliquid (HYPE) steadies above $33 at press time on Tuesday, marking its fourth consecutive day of recovery in a broadly volatile market due to the ongoing US-Israel strikes on Iran.

Stellar Price Forecast: XLM risks deeper losses as derivatives metrics turn negative

Stellar is trading red below $0.16 at the time of writing, after a slight recovery the previous day. Weakening derivatives data caps the recovery, while an unfavorable technical outlook projects a deeper correction for the XLM token in the upcoming days.

Aave Price Forecast: AAVE tests channel resistance as ParaFi Capital deposit, bearish derivatives data caps upside

Aave (AAVE) trades around $120 on Tuesday, testing the channel resistance, signaling that sellers remain active in the zone. Lookonchain data shows that ParaFi Capital transferred 42,000 AAVE tokens to Coinbase Prime over the past 10 hours, often interpreted as a potential selling signal.

CME Group's futures suite now covers over 75% of total crypto market cap

CME Group announced that its crypto futures offering now covers over 75% of the total digital asset market cap, following the launch of its Cardano (ADA), Chainlink (LINK) and Stellar (XLM) products.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.