$312 Million Crypto Unlocks Ahead: ENA, SOL, and WLD Face Potential Volatility

The crypto market is preparing for a significant week of token unlocks between November 3 and November 10, with over $312 million worth of previously locked tokens scheduled to enter circulation. This influx of supply could lead to short-term volatility for several altcoins.

Major One-Time Unlocks

Several tokens will see large, one-time releases exceeding $5 million. The most notable release is for Ethena (ENA), which has the highest value and percentage unlock relative to its current circulating supply among the one-time unlocks:

• ENA (Ethena): $63.05 million (2.52% of supply)
• MEME: $5.22 million (5.98% of supply)
• MOVE: $3.37 million (1.82% of supply)
• BB: $3.07 million (3.85% of supply)
• MAVIA: $1.15 million (a large 16.92% of supply)

Large Linear Unlocks

A separate group of high-profile tokens will see their supply increase gradually through daily linear unlocks, each exceeding $1 million per day for the week. While Solana (SOL) has the highest monetary value unlock, its release is small relative to its massive supply, suggesting a lower impact compared to others.

• SOL (Solana): The largest by value at $92.20 million, but only 0.09% of supply.
• TRUMP: $36.68 million (2.45% of supply)
• WLD (Worldcoin): $30.84 million (1.64% of supply)
• DOGE (Dogecoin): $17.82 million (0.06% of supply)
• AVAX (Avalanche): $12.96 million (0.16% of supply)

Market Impact Outlook

Token unlocks typically introduce selling pressure, particularly when the release size is large compared to the asset's existing circulating supply and liquidity.

While the market's overall sentiment and liquidity will determine the final outcome, assets like ENA, MEME, and WLD—which have lower liquidity bases—may experience the most significant volatility. If market demand from institutional and retail buyers remains strong, the new supply could be absorbed without major price disruption.

November 2025, Cryptoniteuae