$221M in Crypto Token Unlocks Hit Markets This Week as Bitcoin Holds Near $71,000

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Apr 13–20: $221M in crypto token unlocks scheduled to hit markets; BTC ~$70,872, ETH ~$2,190, XRP ~$1.33; total crypto market cap $2.41T and Fear & Greed Index 42. Four cliff unlocks totaling $42M this week led by CONX and ARB; DBR will release 12.9% of adjusted supply (largest percentage impact). Rain Protocol to release 9.5 billion tokens (~$75M) via daily linear unlocks, a major supply increase that raises short-term selling-pressure risk for token prices and DeFi/DEX liquidity.
- Four cliff unlocks totaling $42 million hit markets this week, led by CONX and ARB.
- DBR will release 12.9% of adjusted supply this week, making it the highest percentage unlock.
- Rain Protocol releases 9.5 billion tokens worth $75 million in daily linear unlocks.
Crypto markets are navigating another heavy unlock week. Between April 13 and April 20, over $221 million worth of tokens are scheduled to enter circulation across both one-time cliff releases and ongoing daily linear unlocks, according to data from Tokenomist.
The market traded slightly lower but remained broadly stable. Bitcoin is trading around $70,872, Ethereum at $2,190, and XRP at $1.33. Total crypto market cap sits at $2.41 trillion, with the Fear and Greed Index at 42, indicating neutral sentiment with a slight lean toward bearish.
Cliff Unlocks to Watch
Four tokens are releasing significant o…
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