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3 Token Unlocks to Watch for The Second Week of February

3 mins
Updated by Mohammad Shahid
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In Brief

  • On February 10, Berachain will unlock 12.98 million BERA tokens, primarily allocated to the "Request for Broposal" (RFB) initiative.
  • On February 14, 205.59 million SAND tokens worth nearly $79.2 million will be unlocked, with 96.84 million added to the company reserve.
  • On February 10, Cheelee will unlock 2.67 million CHEEL tokens worth approximately $21.34 million, with most allocated to liquidity.
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Token unlocks are events when blockchain projects release previously restricted tokens to the market. These events are carefully planned to manage market impact and volatility

Often, these token unlocks lead to notable price movements. Here are three major token unlocks scheduled for the upcoming week

1. Berachain (BERA)

  • Unlock Date: February 10
  • Number of Tokens to be Unlocked: 12.98 million BERA
  • Current Circulating Supply: 107.48 Million BERA

Berachain is a layer‑1 blockchain that hosts an EVM‑identical execution environment and a novel consensus mechanism called Proof‑of‑Liquidity (PoL). 

Berachain’s execution layer is identical to Ethereum’s Virtual Machine (EVM), meaning it uses the same unmodified execution clients as Ethereum. This design choice lets developers deploy existing Ethereum smart contracts directly on Berachain without making any code changes.

The project launched its mainnet on February 6, with BERA token listing on Binance, Bitget, and other major exchanges. Berachain also announced an airdrop of 79 million BERA tokens, representing 15.8% of the total 500 million token supply.

On February 10, the project will further unlock 12.98 million tokens. The majority of these tokens will be distributed to the “Request for Broposal” (RFB) initiative. It will incentivize developers, community contributors, and liquidity providers within the Berachain ecosystem. 

Only 1.25 million of the unlocked BERA tokens will be allocated for social airdrop. 

berachain token unlock
BERA token unlock. Source: Cryptorank

2. The Sandbox (SAND) 

  • Unlock Date: February 14
  • Number of Tokens to be Unlocked: 205.59 million SAND
  • Current Circulating Supply: 2.45 Billion SAND

The Sandbox is a virtual metaverse where users can create, own, and monetize their gaming experiences using NFTs and the platform’s utility token, SAND. Built on the Ethereum network, SAND is currently the second-largest metaverse token, with a market cap of over $942 million. 

SAND has a total supply of 3 billion tokens, with 93% already unlocked and in circulation. On February 14, a further 205.59 million SAND tokens worth nearly $ 79.2 million will be unlocked. 

The lion’s share of the unlocked tokens—96.84 million SAND—will be added to the company reserve. The rest will be distributed to the Sandbox team and advisors. 

sandbox token unlocks
SAND Unlock. Source: Cryptorank

3. Cheelee (CHEEL)

  • Unlock Date: February 10
  • Number of Tokens to be Unlocked: 2.67 million CHEEL
  • Current Circulating Supply: 56.8 million CHEEL

Cheelee is a blockchain-based short video platform that integrates GameFi mechanics to reward users for engaging with content. Operating within the Attention Economy framework, it allows users to monetize their attention by watching videos and participating in platform activities. 

CHEEL is the native utility and governance token of the Cheelee ecosystem. Due to discrepancies in reported circulating supply figures, the market cap of Cheelee’s CHEEL token varies across different data platforms. 

For instance, as of February 9, 2025, CoinMarketCap lists a market cap of approximately $449.86 million, with a circulating supply of about 56.8 million CHEEL tokens.

The total supply of CHEEL is 1 billion tokens, with only 6.64% unlocked so far. On February 10, a further 2.67 million tokens worth around $21.34 million will be unlocked. 

The majority of the unlocked CHEEL tokens will be added to liquidity, and only a small portion will be dedicated to community airdrops

CHEEL token unlock
CHEEL Unlock. Source: Cryptorank

Next week’s token unlocks will also include XAI, MOCA, and SWEAT. Overall, nearly $200 million worth of new tokens are set to be unlocked in the second week of February.

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Mohammad Shahid
Mohammad Shahid is an experienced crypto journalist with a specialization in blockchain security. He covers a wide range of topics spanning everything from Web3 to retail crypto. As an experienced freelance journalist, he has worked on campaigns for several tier-1 exchanges, such as Bitget, and startups, including RankFi and HAQQ. Mohammad comes from an extensive technical background, with a master’s degree in Cyber Security Analysis from Macquarie University, where he majored in...
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