Crypto's Biggest Token Unlock Events Ever

Token unlocks can significantly impact cryptocurrency prices by increasing circulating supply, often leading to selling pressure and volatility. Historically, large unlocks have been associated with notable price drops.

The top 3

  1. Largest Single Unlock by Value: Hyperliquid (HYPE) conducted one of the largest airdrops, distributing 31% of its supply (310 million HYPE) to early users, valued at approximately $19.28 billion at its 2026 all-time high. Uniswap (UNI) previously held the record, with a September 2020 distribution valued at $6.43 billion at its ATH.
  2. Projects with Most Frequent Unlocks: Projects like Rain (RAIN) have consistently topped unlock charts with recurring, substantial vesting schedules, such as a $785.5 million unlock in October 2026 and previous unlocks of $650-713 million in June and $812 million in July 2026.
  3. Unlocks Causing Biggest Price Drops: Historical data indicates that 90% of major token releases result in negative price momentum, with larger unlocks (over 1% of circulating supply) leading to sharper price drops (2.4x) and increased volatility, often starting 30 days before the event.

Sources

Open the full topic