The upcoming WhiteBIT token unlock is drawing significant attention as traders evaluate whether the bulls can maintain momentum and push WBT back toward its all-time high (ATH) of $35. With $1.16 billion worth of WBT—about 12.1% of total supply—set to unlock on May 13, 2025, market participants are closely watching key technical and on-chain indicators.
What’s Happening and Why It Matters
Currently trading around $28.77, WhiteBIT’s native token has found support at the $27.5–28.0 zone, which has historically acted as a launchpad during past rallies. The token’s upcoming unlock event will increase the circulating supply by nearly 27.4%—a substantial shift that could spark short-term volatility but also offer fresh liquidity for new market moves.
Technical Setup: Repeating Bullish Structure?
WhiteBIT’s price action appears to mirror previous bullish cycles, forming what analysts describe as a fractal pattern. In this structure:
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WBT has held above its long-term trendline from the October 2024 low of $11.7
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Key Fibonacci levels, particularly the 0.236 and 0.382 retracements, continue to act as support
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Price is now approaching the $30.5–31.5 resistance zone—a key level that previously capped gains
If bulls can push past $31, the next target lies in the $33–35 range, where prior rallies peaked. A breakout here would likely validate the bullish fractal and shift sentiment further upward.
On-Chain Data: Whale Activity and Profitability Remain Strong
On-chain metrics support the bullish case:
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Whale activity has remained consistent in the $25–30 range, with several large transactions recorded near key support levels
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A spike of 726,000 WBT in daily trading volume on April 22, 2025, suggests renewed accumulation
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Data from IntoTheBlock shows that 87.6% of WBT holders are in profit, reducing the risk of large-scale sell-offs during the unlock
These factors suggest that major holders are not rushing to exit and are instead strategically positioning around the unlock.
Token Unlock Breakdown
| Metric | Value |
|---|---|
| Unlock Date | May 13, 2025 |
| Number of WBT Unlocked | 39.49 million |
| Market Value of Unlock | ~$1.16 billion |
| Share of Total Supply | 12.1% |
| Share of Circulating Supply | 27.4% |
As one of the largest scheduled unlocks in May 2025, WBT leads a broader wave of $4.59 billion in token unlocksacross the crypto market.
Risks and Key Levels to Watch
While the outlook remains positive, some caution is warranted. If $27.5 support breaks, the next cushions lie at $25–26and $21.5–22 (a key Fibonacci 0.5 retracement zone). Sustained sell pressure from the unlock could test these levels, particularly if market sentiment turns risk-off.
Still, as long as price holds above the trendline and whale support zones, WhiteBIT (WBT) remains technically poised for further gains—especially if macro conditions stay favorable for risk assets.
Conclusion: Momentum Builds Ahead of Unlock
With strong on-chain fundamentals, high holder profitability, and repeating bullish patterns on the chart, WhiteBIT token unlock could act as a catalyst—either for continuation toward ATH or for a short-term correction, depending on how markets digest the fresh supply.
For now, bulls appear in control. A clean breakout above $31 could set the stage for another test of the $35 ATH, making the next two weeks crucial for WBT traders and long-term holders alike.
