QUAI will unlock $2.48 million worth of tokens in one week. Can the recent 78% increase withstand selling pressure?

Quai Network (QUAI) will unlock approximately 32.83 million tokens on January 19th at 21:00 Beijing time, valued at about $2.48 million. This is a significant unlock, happening right after a recent substantial surge in QUAI’s price. According to the latest data, QUAI has surged by 78.58% over the past 7 days and by 234% over the past 30 days. The collision of a large unlock with a strong rally could become a key turning point in the market.

How Big Is the Unlock

Data comparison analysis

The 32.83 million QUAI tokens to be unlocked represent about 4.2% of the current circulating supply of 782.48 million tokens. It doesn’t seem particularly large, but the absolute value of $2.48 million remains significant in the crypto market.

The key point is the timing: QUAI experienced explosive growth over the past month, rising more than three times from its 30-day low. Such rapid increases often attract retail and institutional investors to follow suit, and large unlocks tend to trigger profit-taking.

Market background

QUAI is currently ranked 403rd by market cap, with a market cap of $58.27 million. Although not large, its liquidity is relatively limited. In this context, the $2.48 million unlock could have a more noticeable impact on the price.

Risks and Opportunities Coexist

Several issues to watch

  • Selling pressure risk: Holders of unlocked tokens often choose to sell at high prices. After QUAI’s continuous rise, market sentiment is hot, and unlocking may trigger a wave of profit-taking.
  • Liquidity test: With a 24-hour trading volume of only $1.61 million, the sale of unlocked tokens could quickly absorb market liquidity.
  • Psychological impact: Large unlocks can influence market expectations; even without significant actual selling, they may trigger early exits.

Another perspective

It’s also possible that this unlock has already been absorbed by the market. If institutions and large holders have already planned ahead, the unlock day might just be routine profit realization, unlikely to cause major fluctuations. The recent strong rally itself may reflect market confidence in the project’s long-term prospects.

Summary

QUAI faces a typical “high-level unlock” scenario. The $2.48 million worth of tokens is about to be released, and the market is currently in a bullish mood. In this situation, short-term volatility is inevitable.

The key point is: around January 19, the price trend of QUAI will largely depend on market confidence in the project’s long-term outlook; the unlock itself is not necessarily negative, but high-level unlocks often trigger short-term corrections; investors need to distinguish between technical risks and psychological risks. The market response in the following week is worth watching.

QUAI15,1%
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