A8 unlocks $1.14 million worth of tokens after one week, facing supply pressure test following recent decline

Ancient8 (A8) is about to unlock approximately 23.94 million tokens at Beijing time 00:00 on January 17, with a current value of about $1.14 million based on the current price. This is a significant liquidity event for A8 in recent times and a key window to observe the project’s supply pressure.

Fundamentals of the Unlock Event

Unlock Scale and Timing

According to data from the Web3 asset data platform RootData, A8 will unlock 23.94 million tokens at 00:00 on January 17, 2026. Based on the current price of $0.047793, this unlock is worth approximately $1.14 million.

In absolute terms, an unlock of $1.14 million is not particularly large, but from a relative perspective, the 23.94 million tokens involved account for about 5.4% of the current circulating supply and 2.4% of the total supply. This ratio warrants attention.

A8 Project Background

Ancient8 is a cryptocurrency project launched in 2021, operating on the Ethereum platform. As of now, A8 ranks 736th by market cap, valued at approximately $21.19 million. The total supply of the project is 1 billion tokens, with a current circulating supply of 443 million tokens, and a circulation rate of 44.34%, indicating a large proportion of tokens are not yet in circulation.

Market Pressure Analysis

Recent Price Pressure

A8’s price trend shows clear downward pressure. At the time of writing, A8’s 24-hour price increase is only 0.12%, but it has declined by 2.70% over the past 7 days and by 21.57% over the past 30 days. In this context, the additional supply pressure will undoubtedly increase market downward expectations.

Potential Market Impact of the Unlock

The unlock event itself usually exerts short-term pressure on the token price, mainly due to:

• New supply potentially triggering profit-taking
• Short-term impact on market liquidity
• Market expectations priced in by increased supply

However, given the scale of $1.14 million relative to the average daily 24-hour trading volume of $4.63 million, a single-day unlock is unlikely to cause extreme shocks. The key factor is whether the holders of the unlocked tokens choose to sell quickly.

Summary

This unlock event for A8 is moderate in scale but sensitive in timing. Against the backdrop of a 21.57% decline over 30 days, the appearance of additional supply could further test market confidence. Market participants should monitor the price and trading volume within 24 hours after the unlock, as these will reflect the market’s true attitude toward the increased supply. Additionally, as a project with only 44% circulating rate and many tokens still to be unlocked, supply pressure could be a long-term issue.