The crypto industry will see yet another intriguing week as three major altcoins prepare to unlock tokens worth millions of dollars into an already jittery market. Between now and December 5, Ethena, Sui, and Jito will all see massive supply increases that could either get absorbed quietly or trigger sharp sell-offs.
The timing couldn’t be worse. These unlocks are happening when the crypto industry’s liquidity is quite thin and the confidence of investors is fragile. Some individual releases exceed 2% of a project’s total market capitalisation, and this kind of unlock historically pushes prices downward.
Ethena’s Crucial Week
Ethena gets unlocked twice. The first lot is being released on December 2, when 94.19 million ENA tokens ($27.34 million) hit the market, representing 1.27% of the market cap. Then, December 5 ushers in the big event: 171.88 million tokens worth $49.90 million flood in, comprising 2.32% of the total market value.
According to industry experts, early investors and team members obliged to hold their tokens may have waited months for this liquidity event after the token launched nearly a year ago. Historical unlock patterns for ENA and similar projects suggest most recipients tend to hold rather than sell immediately, though ENA holders should still brace for potential volatility in the coming days.
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SUI: Yet Another Monthly Event
SUI, the layer-1 blockchain from Mysten Labs, continues its ongoing monthly token unlocks, with the next batch set for December 1, 2025, comprising ~44.25 million SUI tokens valued at $66.8 million, representing 1.20% of market cap.
Sui unlocks have been happening on the first of every month since May 2024, after a one-year lock-up ended. And since that time, the pattern has been more or less the same: early investors and the team get liquid, the price often dips 10–20% for a day or two, but SUI quickly recovers. The pattern has been consistent, not a one-time shock.
Jito: The Safe Bet of the Week
Jito also looks relatively safe by comparison. The Solana liquid staking protocol will undergo a daily token unlock schedule from November 30 to December 5, 2025. Each day, 542,871 JTO tokens (0.05% of total supply) worth approximately $256,832 will be released, each representing 0.13% of market capitalisation. This gradual six-day unlock totals roughly 3.26 million JTO tokens valued at $1.54 million.
That measured approach usually prevents panic selling. Markets can digest gradual increases without convulsing, particularly for projects showing actual usage. Jito’s dominance in Solana’s DeFi ecosystem gives it better odds than most.
This week may not be very volatile as far as token unlocks are concerned. However, investors should remain vigilant if they hold any of these altcoin positions.
