Avalanche (AVAX) - 1.67MM Token Unlock - 15 Aug 2025

Immutable will unlock 24.52 million IMX tokens. This means more tokens can be sold in the market, and it may create selling pressure. When many new tokens enter the market at once, their price often falls. Traders should be careful at the unlock time, because large unlocks are often a reason for a price drop. If there is strong demand for IMX, the effect could be smaller. Watch trading activity closely around this date to make the best decision. Learn more here: source.

This event lets users withdraw their funds from ApeX Pro after the platform goes offline. When forced withdrawals start, some users might sell their tokens quickly. This can cause the APEX price to drop. On the other hand, if people trust the team will do things right, the price drop might not be big. But, most times, when a company stops normal service, it worries the market. You should follow this event closely because it can make the price move in a big way. More details at source.

SUI is positioned for further upside, and backed by technical momentum and solid volume support. However, maintaining the price above the key moving averages will be crucial for the continuation of this bullish run.

Volume Spikes Confirm Breakout Strength

According to Gemxbt’s post on X, the SUI 1-hour chart is showing a strong uptrend, with the price trading above the 5, 10, and 20-day moving averages, which is a sign of short-term momentum and sustained buyer strength.

The Relative Strength Index (RSI) is approaching overbought territory, which warns of a potential short-term pullback and suggests that traders should be cautious of a temporary pause as the market digests recent gains. Meanwhile, the Moving Average Convergence Divergence (MACD) is bullish with a widening gap between the MACD line and the signal line. This expansion often precedes continuation in trending markets and confirms that momentum is accelerating.

Trading volume has increased notably alongside price movement. The rising volume during an uptrend suggests that the move is a genuine market participation.

Analyst LORD ATU also stated that SUI is trading at $2.90 on the daily chart, with a solid 9.69% weekly gain, and showing clear signs of bullish momentum. The price action falling wedge pattern is typically a bullish continuation signal with a potential target at $3.20, and if confirmed with volume, a breakout will follow through.

However, a bearish head and shoulders formation is also beginning to emerge, which is signaling a potential drop toward the $2.30 support zone, which is a level of prior structure and support. LORD ATU noted that the key levels to watch out for are the support at $2.88, which is a crucial short-term floor that must hold to maintain the uptrend, and resistance at $3.15, where a clear break could trigger momentum higher.

The SUI ecosystem growth looks strong, with increasing development activity and solid fundamentals. However, an upcoming token unlock could introduce fresh supply pressure and volatility.

Momentum Accelerates After Consolidation Phase

Another Analyst, Profit Demon, also mentioned on X that SUI has completed a bullish flag pattern breakout on the 3-day chart, which is signaling a shift in market sentiment after a period of consolidation. This continuation pattern often marks the end of sideways movement and the resumption of an existing uptrend.

The upward momentum is building after the consolidation phase, which supports the increased buying interest and favorable market conditions.

SUI trading at $3.51 on the daily chart | Source: SUIUSDT on Tradingview.com

Renowned dog-themed meme cryptocurrency, Shiba Inu, has mimicked the explosive trend witnessed across the broader crypto market as investor interest reignites. The token has seen its open interest skyrocket by a massive 15.14% in a single day, according to on-chain data from Coinglass.

In just one day, Shiba Inu traders have added a massive 14.03 trillion SHIB tokens to its futures derivatives market, signaling a major shift in investor sentiment as the token restores hope with its explosive price trend.

SHIB open interest hits multi-week high

With the SHIB ecosystem seeing the token maintain an upward trajectory over the past seven days, recording a significant 20.07% price surge during the period, investor confidence in the token’s future performance continues to grow.

Notably, the data reveals a sharp increase in SHIB’s open interest in the last 24 hours, reaching levels not seen since May 29, and marking a notable multi-week high as SHIB regains momentum in the market.

This metric reflects the heavy bets placed by bullish investors on the Shiba Inu futures market in the last day, with current open interest standing at a substantial $204.87 million.

Following the surge in investor participation, Shiba Inu has also responded with a significant price increase over the past day, breaking past its key resistance level of $0.00001269.

In the last 24 hours, SHIB has surged 6.54%, bringing its price to $0.00001343 as of press time, according to data from CoinMarketCap.

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With the massive open interest coinciding with a notable surge in SHIB’s price over the last days, it appears that holders are still optimistic for a continued upsurge in its market value, with hopes that the leading memecoin might remove another zero soon.

Gate.io Dominates SHIB futures derivatives market

Per the data showcased by Coinglass, the largest portion of the Shiba Inu’s open interest capital worth about $107.17M was poured in by traders on the Gate.io exchange, as they account for 52.41% of the total open interest.

Bitget and OKX traders followed on the second and third spot, accounting for 15% and 7.6%, respectively.

TL;DR

The graph above clearly demonstrates the price stagnation XRP had to endure for the past month or so. Its upper boundary was at around $2.6, while it also tested the lower one at $1.9 during the darkest hours of the war between Israel and Iran.

Nevertheless, each attempt met immediate rejections, and the cryptocurrency was pushed south to a tight range between $2.2 and $2.3. However, there were multiple signs that the consolidation could be coming to an end, and one analyst evenwarnedthat most traders will miss the breakout.

Such a price surge indeedstarted to materializein the past few days, and especially today. XRP has been among the top performers on a daily scale, having surged by 20% at one point and coming close to $3 on most exchanges.

Although it was stopped there and now sits just under $2.8, it’s still up by over 12% since yesterday. Its market cap has spiked above $160 billion for the first time in months, and XRP has now become the third-largest cryptocurrency, by overtaking Tether’s USDT.

The move north was quickly picked up by the XRP Army, many of whom praised the asset’s performance and provided some bullish (and outrageous) predictions.

$XRP at $2,500 isn’t just a dream.

-Because a pump like 2017 would easily clear $2,000

Fact: The yearly resistance is now free so expect vertical price discovery. pic.twitter.com/A4G3PasuVk

— Crypto Bitlord (@crypto_bitlord7) July 11, 2025