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DeFi Markets Brace for Volatility as $568 Million in Tokens Prepare to Unlock

The article discusses how token unlocks can have a significant impact on the price and market dynamics of various decentralized finance (DeFi) projects. With over $568 million worth of assets set to unlock before October 6, the market could experience increased volatility. The impact of these unlocks depends on current market conditions and investor sentiment, making it an important period for traders and long-term investors. The article provides examples of different token unlocks and their effects on prices. For example, PENDLE experienced a 4.2% unlock and saw a 234% price surge, while ENA saw a 2.9% unlock and dropped by 66.73%. Other tokens like AAVE and MASK had more moderate reactions to their unlocks. It highlights the unpredictability of token unlocks and the need for caution in the market.

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