Recap : Largest Unlock Events of 2025 2025’s biggest supply events were concentrated in Q1–Q2, led by ONDO, BGB, and WBT. • ONDO : $2.56B (Jan 18) • BGB : $1.52B (Jan 26) • WBT : $1.19B (May 13) Other notable unlocks included TRUMP, ENA, JUP, HYPE and PYTH, collectively representing the bulk of 2025’s cliff-driven dilution.(Tokenomist)