Token Unlocks Week: $190M Supply Incoming as Crypto Market Faces Volatility Test

The cryptocurrency market is facing a critical test this week as a wave of significant token unlocks is scheduled, potentially adding selling pressure right after a general market downturn. On-chain data indicates that more than a dozen projects, including major players like Aptos, Arbitrum, and StarkNet, will release substantial amounts of previously locked tokens between November 10 and 16.

Key Unlock Events and High-Risk Tokens

Historically, large unlocks often increase short-term selling pressure, especially when market liquidity is fragile. This week's notable events include:

• Aptos (APT): The largest unlock, releasing $36.35 million on November 12 (1.6% of its market cap).
• Arbitrum (ARB): Releasing $28.14 million on November 16 (1.7% of supply).
• StarkNet (STRK): Freeing up $19.34 million on November 15.

Traders are paying closest attention to projects where the unlock represents a very high percentage of the current market value, signaling potential major price turbulence:

• WalletConnect Token (WCT): The highest-risk unlock, releasing 70.5% of its total market value ($16.38 million) on November 15.
• Nereus Token (NRS): Set to free up 51% of its market capitalization.
• Linea (LINEA): Releasing $32.5 million, which is a significant 16.3% of its total value, on November 10.

What Traders Are Watching

While the total amount of tokens entering circulation is nearly $190 million, analysts caution that an unlock doesn't always lead to an immediate dump. The reaction depends on who receives the tokens (e.g., long-term investors vs. short-term traders) and the project's vesting schedules.

November 2025, Cryptoniteuae