Bullish
HYPE and ENA Unlocks Exceed $30M This Week
2026-08-03 08:42:00
Major tokens face $30M+ in scheduled unlocks, led by Hyperliquid and Ethena releases on Aug 5-6, increasing near-term supply pressure.
Woofun AI data shows that HYPE, ENA, OPN, and IOTA will undergo significant token releases this week, totaling over $30 million. Hyperliquid (HYPE) is set to unlock 433,000 tokens on August 6, valued at approximately $22.74 million, which constitutes 0.19% of the total supply. Ethena (ENA) will release 171 million tokens on August 5, worth around $15.36 million, representing 1.97% of the circulating supply.
Additionally, Opinion (OPN) will unlock 32.09 million tokens ($1.56 million, 8.94% of supply) and IOTA will release 12.37 million tokens ($410,000, 0.31% of circulating supply) on August 5.
WOOFUN AI
Impact Assessment · Quick Read
The concentration of unlocks for major DeFi and L1 assets within a 48-hour window may introduce short-term sell pressure as vested holders liquidate positions. While the absolute percentage of supply released is modest for HYPE and ENA, the high dollar value could test immediate market depth. Traders should monitor order book liquidity around the August 5-6 execution dates to gauge actual selling intent versus passive distribution.
Generated by WOOFUN AI · For reference only, not investment advice
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