PiCK

Token unlocks worth 300 million dollars expected this week… includes ARB, SOL, etc.

Source
Minseung Kang

Summary

  • It reported that 300,900,000 dollars in large-scale token unlocks are scheduled over the next seven days.
  • ARB, SOL, WLD, DOGE and other projects were reported to be included among the large unlocks.
  • The market reportedly warns that an increase in circulating supply may lead to expanded price volatility for some assets.
Photo = UBlockchain X capture
Photo = UBlockchain X capture

The volume of large-scale token unlocks scheduled over the next week is expected to exceed 300 million dollars.

On the 15th, according to UBlockchain, a virtual asset (cryptocurrency) specialized media, based on Tokenomist's aggregation, the so-called "large one-time unlocks" with individual unlock amounts exceeding 5,000,000 dollars over the next seven days include LayerZero (ZRO), Arbitrum (ARB), Sei (SEI), ZK (ZK), Lista (LISTA), ID (ID), and others.

Tokenomist estimated the total value of the unlocks scheduled for the same period at more than 300,900,000 dollars.

Among the unlocks exceeding 1,000,000 dollars on a daily basis were Rain (RAIN), Solana (SOL), OfficialTrump (TRUMP), Worldcoin (WLD), Dogecoin (DOGE), Aster (ASTER), Avalanche (AVAX), BitTensor (TAO), and others.

In the market, there is also concern that a short-term increase in circulating supply could raise the price volatility of some assets.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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