"$443 million worth of tokens set to unlock over 7 days, including newly issued tokens"
Summary
- It was reported that large-scale token unlocks totaling $443 million are scheduled for the upcoming 7 days.
- Some of the target tokens include newly issued tokens rather than just existing circulating supply.
- Significant one-time and linear unlocks are taking place for various tokens, such as FastToken (FTN), Ape (APE), and Solana (SOL).
Over the next 7 days, large-scale token unlocks totaling $443 million are scheduled, with some of the unlocked volume consisting of newly issued tokens.
According to WuBlockchain on the 16th (local time), Tokenomist data shows that FastToken (FTN), ZK (ZK), Arbitrum (ARB), S (S), ID (ID), Ape (APE), Melania (MELANIA), Lista (LISTA), and ZKJ (ZKJ) are set for one-off unlocks exceeding $5 million over the coming week.
In addition, Solana (SOL), Worldcoin (WLD), Celestia (TIA), Dogecoin (DOGE), Bitensor (TAO), Avalanche (AVAX), Sui (SUI), Polkadot (DOT), Story (IP), Morpho (MORPHO), EtherFi (ETHFI), and Zito (JTO) will see linear unlocks (where tokens are gradually unlocked over time) exceeding $1 million per day.
According to a Sonic on-chain data analyst, "Some of the unlocked volume this time consists of newly issued tokens, not part of current circulating supply."
Heecheol Yang
heecheol@bloomingbit.ioHello, I'm a reporter at bloomingbit
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