On May 12, AVAX saw 1.67 million tokens unlocked, with a market value of about $17.25 million. Although this amount sounds like a lot, it only accounts for 0.31% of the circulating supply, which is a routine move. Since multiple other major coins also had large releases around the same time, will this wave of collective selling derail the market’s momentum?

So far, there’s no panic. This AVAX unlock isn’t particularly large—so long as Bitcoin doesn’t lead with a sharp drop, the market can fully absorb it. Many people are also mostly watching from the sidelines; everyone is seeing whether this selling pressure can be offset by the ongoing upward trend.

Now the market is moving higher, with a 70–80% chance of getting through it steadily. However, if the team and institutions cash out in a concentrated way, there will definitely be volatility in the short term. AVAX is highly sensitive to fluctuations in the broader market—if the market turns cold, the unlock-related selling pressure could become another straw that breaks the camel’s back!

This unlock is small in volume, so it won’t cause an earthquake. As long as the broader environment hasn’t worsened, this bit of selling pressure is just a twist in the candles. Instead of worrying about this 0.3% release—if BTC holds steady, AVAX won’t sink. $AVAX #Gate广场五月交易分享 ‌