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Sui, Ethena, EigenLayer face $339M token unlocks as traders eye ‘Uptober’ rally
['Benson Toti']
CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison
Sui, Ethena and EigenLayer lead cliff token unlocks by value this week.
SUI, ENA, EIGEN prices hover at key levels ahead of the token unlocks and trader anticipation for an “Uptober”.
Sui, Ethena and EigenLayer are some of the top cryptocurrencies whose prices could face heightened pressure amid notable impending token unlocks.
Ethena and EigenLayer price outlookLike SUI, Ethena’s ENA and EigenLayer’s EIGEN tokens will also see notable unlocks this coming week.
Meanwhile, EigenLayer (EIGEN) will see 36.82 million EIGEN tokens valued at $68.5 million and comprising 13.7% of the supply unlocked.