It’s a slow week on the unlock calendar, but Wednesday has the potential to shake things up. Two major cliff unlocks are scheduled for the same day, releasing close to $30 million worth of tokens, and both are being mainly given to core project contributors.
The week kicks off on Sunday with River, which will unlock 356,720 RIVER tokens worth about $2.86 million. River is a Bitcoin financial services company that offers Bitcoin-only banking, trading, and custody for both retail and institutional clients. At 1.82% of market cap, it’s worth noting, but in the context of what’s coming in the next three days, it barely registers.
Humanity Protocol is set to drop the week’s largest unlock on February 25, releasing 131.22 million H tokens worth around $21.4 million. The project builds biometric identity verification on the blockchain, letting users prove they are human without giving up personal data. That figure represents 7.19% of the project’s total market cap, and the recipients are core contributors—the people running the project. Whether they cash out or sit tight is the question traders will be asking themselves heading into Wednesday.
The same day, Plasma will face a similar situation. It unlocks 88.89 million XPL tokens, worth roughly $8.31 million—just under 5% of its market cap. Plasma is building a Bitcoin-native payments layer, positioning itself as the infrastructure for fast, cheap BTC transactions.
On its own, XPL unlock is manageable. But paired with the Humanity unlock dropping simultaneously, it makes for an uncomfortable afternoon if you are holding either token. Two insider unlocks of this size on the same day are the kind of things that do not go unnoticed on crypto Twitter.
Bottom line: if you are exposed to H or XPL, mark February 25 on your calendar. The rest of the week is relatively calm, but that one day alone accounts for the bulk of this week’s unlock pressure. Monitor the price action in the hours leading up to and following the release.