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3 Massive Altcoin Unlocks in Late January/Early February

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3 Massive Altcoin Unlocks in Late January/Early February

Every time a token is unlocked, people panic. You’ll see tweets saying, “It’s going to be dumped.” or “Get out before it’s too late.” But here’s something most people don’t realize.

Some of the best opportunities in crypto actually appear around token unlocks, not after everyone is quiet again. And right now, there are three big unlocks coming. These are all major, large-scale projects, and with many community token holders. So in this article I want to explain to you what this actually means in terms of pricing and how I personally think about each of them.

1) Yes

Sui has a token unlock on February 1st. Around 54 million SUI tokens are unlocked, worth around $80 million at current prices. Now that seems like a big number But when you zoom out, this unlock is actually very small compared to Sui’s size.

The release represents only approximately 0.54% of the total supply and approximately 1.24% of Sui’s total market capitalization. Sui sits around a market cap of $5.4 billion, and the unlock is just a tiny fraction of that. More importantly, Sui trades a lot every day. There is real liquidity here.

Even though the price has fallen about 61% over the past year, it has remained relatively stable recently – only about 1% down in the last 30 days. And we’ve already seen how Sui handles unlocks. In early January, about $65 million of Sui was released and the market absorbed it smoothly without a major sell-off. It’s usually a sign of strength.

Why Sui Fundamentals Matter Right Now

The main reason I’m not too worried about this unlock is what’s happening on-chain. Sui has hundreds of thousands of daily active users, millions of transactions every day, and a DeFi business that has grown to the point where Sui has effectively tipped Aptos into DEX volume.

It’s a channel that people use. So when tokens are unlocked in an environment like this, their price does not automatically collapse – they are often simply absorbed by demand.

My personal take on Sui

In the short term? Of course, you might see some volatility. It’s normal.

But when we look:

  • How big is the release relative to the market capitalization?
  • how much liquidity exists
  • and what high usage looks like

Sui seems structurally very healthy to me.

Of the three unlocks in this video, Sui is the one I’m least worried about.

2) Clean layer

EigenCloud, on the other hand, is a very different story. Its token unlock will also take place on February 1st. But here, the release is much greater compared to the size of the project. Around 36.8 million tokens are unlocked, worth around $12.3 million. Now here is the main difference.

This release represents more than 2% of the total supply and approximately 6.75% of the market capitalization of EigenCloud. EigenCloud’s market cap is currently only around $176 million, with a fully diluted valuation close to $599 million. This means that this release carries a real risk of dilution. The market capitalization is much smaller and the amount unlocked is a much larger percentage.

This means that even if a portion of these tokens hits the market, the price can move quickly in either direction. And we have to be honest about something. EigenCloud has already been in a strong downtrend for a long time. This is a drop of approximately 87% over the past year.

The dynamic is therefore already weak. When a project with a smaller market cap and weaker price action faces a relatively large release, the price can move quickly, especially if holders decide to sell.

But EigenCloud is not a dead project

This is where it gets interesting. Despite the price action, EigenCloud is actually one of the largest players in DeFi in terms of total value locked. It sits just behind giants like Aave and Lido.

This tells you something important:

  • Use exists
  • Protocol matters.

But the market is still trying to assess this value.

My take on EigenCloud

For me, this is not a piece I want to highlight before unlocking. I prefer to let the unlock happen and see how the price reacts. If EigenCloud holds up after this level of dilution, it is a strong signal that long-term players are stepping in. If not, there is no reason to rush.

3) Optimism

Now let’s talk about the last token: optimism. Optimism also has an unlock scheduled for January 31, and on paper it’s a pretty reasonable size. Not tiny, but not overwhelming either. Around 32.2 million OP tokens are unlocked, worth around $9.8 million.

This represents approximately 0.75% of the total supply, and approximately 1.66% of OP’s market capitalization. Yes, the price is still down sharply from its highs, which has made many people lose interest. But what’s interesting is what’s happening behind the scenes.

On-chain data shows that large wallets are slowly accumulating OP. At the same time, tokens transferred from a foundation-linked wallet have not been abandoned: they are still held. This tells me that this unlocking is handled carefully.

Why optimism is still relevant

Optimism leaders have been very clear about their direction. The goal is to turn OP Stack into a revenue-generating scaling toolkit, improve performance, and make rollups more customizable.

This is a long-term infrastructure play. It’s usually not exciting in the short term…but that’s often where the buildup happens.

My take on optimism

Optimism feels like a slow, patient setup. I don’t expect a big change right after unlocking.

I will monitor if the accumulation continues. Sometimes the most interesting setups are the ones that no one talks about.

Conclusion

Here’s the main thing I want you to take away from this video. Unlocking tokens is not something to worry about by default. These are the times when you get information about liquidity, demand and confidence.

If this helped you better understand token unlocking, drop a like, subscribe and let me know in the comments which one you’re watching most closely. I’ll see you in the next one.

Disclaimer

The information provided by Altcoin Buzz does not constitute financial advice. It is intended for educational, entertainment and informational purposes only. Any opinions or strategies shared are those of the editors/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur as a result of investments related to the information provided. Bitcoin and other cryptocurrencies are high-risk assets; therefore, perform thorough due diligence. Copyright Altcoin Buzz Pte Ltd.





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