How do upcoming JUP token unlocks affect the circulating supply and market dynamics?

[tradelikepro]

On Nov. 28, 53.47M JUP (~1.69% of circulating supply) unlock, primarily for the team (38.89M) and Mercurial stakeholders (14.58M). These large distributions may increase short-term volatility due to potential selling pressure, but are partially offset by monthly cliff vesting, which limits immediate market shocks.

[Abdul Khan]

Unlocks always shake the chart—let’s see how big this one is.

[Nahid Hossen]

Market reaction will depend on who receives the unlocked tokens.