A token unlock releases previously locked the coin supply into circulation. Unlocks add sell-side pressure when the freed amount is large relative to daily volume; a small or long-telegraphed unlock often passes quietly. What matters is the unlock size against the coin's circulating float — not the date alone.
This is an unlock. Compare that to the coin's daily volume — a small percentage into deep volume is usually absorbed, while a large one into a thin book is where the drawdowns happen. Watch the receiving wallet and whether the freed tokens move toward exchanges.
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