Skip to main content

Economic Calendar

Macro releases, token unlocks and protocol events · week of 20 Jul 2026

Events This Week

18

4 high impact · 7 medium

Next in 6 hours

Token Unlocks

$412M

Unlocking across 5 tokens

Supply pressure concentrated Thursday

Highest Impact

FOMC

Wednesday 18:00 UTC

Rate decision · 92% hold priced

Implied Volatility

58.4%

+6.2pp into the event window

30-day BTC options

This Week's Schedule

Macro releases with consensus and prior readings

Economic events for the week with date, time, region, expected impact, consensus forecast, prior value and actual result where released
Date Event Region Impact Consensus Prior Actual

Mon 20 Jul

12:30 UTC

Retail Sales m/m

Consumer demand gauge

 United States +0.4% +0.2% +0.6%

Tue 21 Jul

09:00 UTC

ECB Bank Lending Survey

Credit conditions

 Euro Area — — Pending

Wed 22 Jul

18:00 UTC

FOMC Rate Decision

Federal funds target

 United States 4.25% 4.25% Pending

Wed 22 Jul

18:30 UTC

Fed Press Conference

Forward guidance

 United States — — Pending

Thu 23 Jul

12:30 UTC

Initial Jobless Claims

Weekly labour market

 United States 228K 221K Pending

Thu 23 Jul

14:00 UTC

SEC Crypto Roundtable

Custody rulemaking

 United States — — Pending

Fri 24 Jul

08:00 UTC

Flash PMI Composite

Business activity

 Euro Area 51.2 50.8 Pending

Fri 24 Jul

12:30 UTC

Core PCE Price Index y/y

Fed's preferred inflation gauge

United States 2.6% 2.7% Pending

Wednesday and Friday carry the week's risk. A hold is 92% priced into futures, so the reaction will come from the press conference rather than the decision itself — and Friday's PCE print lands while positioning is still unwinding from it.

Token Unlocks

Scheduled supply entering circulation, next 30 days

Thursday's $182M cliff is 44% of the month's total supply release and lands the same day as the SEC roundtable. Unlocks above 1% of circulating supply have historically preceded two-week drawdowns in the affected token.

Total, 30 days
$412M
Largest single unlock
ARB · $182M
Affected tokens
5

Next Up

Events in the next 72 hours

  • FOMC Rate Decision

    Hold expected. Market reaction hinges on the dot plot.

    in 6h

  • Fed Press Conference

    Historically the larger mover of the two.

    in 6.5h

  • ARB unlock · $182M

    2.1% of circulating supply enters the market.

    in 28h

  • SEC Crypto Roundtable

    Custody rulemaking for registered advisers.

    in 30h

  • Optimism protocol upgrade

    Fault proofs go live on mainnet.

    in 44h

  • Core PCE Price Index

    Consensus 2.6%, down from 2.7% prior.

    in 54h
High impact in 72h
4 events
Quietest window
Sat–Sun

Unlock Detail

Value, share of supply and historical price reaction

Next 30 days · 5 tokens
Upcoming token unlocks with date, value, percentage of circulating supply and average historical price impact
Token Date Value % of Supply Avg. 7d Reaction Risk
Arbitrum
23 Jul 2026 $182.0M 2.14% −8.4% High
Optimism
30 Jul 2026 $94.2M 1.62% −5.1% High
Aptos
04 Aug 2026 $68.4M 0.94% −3.2% Medium
Injective
11 Aug 2026 $42.6M 0.58% −1.8% Medium
NEAR Protocol
18 Aug 2026 $24.8M 0.31% −0.4% Low
All unlocks $412.0M — −3.8% avg