Large-scale token unlock in September… US$4.5 billion worth of cryptocurrency to be released

Next month, US$4.5 billion (about 6.24 trillion won) worth of tokens will be unlocked in the cryptocurrency market.

Cointelegraph reported on the 28th (local time), citing data from on-chain analytics firm Tokenomist, that US$4.5 billion worth of tokens will be unlocked next month. Specifically, US$3.36 billion worth of tokens will be released via linear unlock (linear unlock), and US$1.17 billion worth of tokens will be released via cliff unlock (cliff unlock). Cointelegraph said, "Cliff unlocks often result in a large amount of tokens being unlocked at once, and therefore tend to have a greater impact on the market (compared to linear unlocks) due to supply shock."

The largest amount of tokens to be unlocked is Sui (SUI). Sui plans to unlock US$153 million worth of tokens next month alone. According to Tokenomist, Sui tokens currently circulating in the market amount to about 35.1% of the total supply.

In addition, US$90 million worth of Fast Token (FTN) will be unlocked next month. Aptos (APT) also plans to unlock US$50 million worth of tokens. A US$48 million unlock of Arbitrum (ARB) is also scheduled for next month.