The scale of token unlocking in February may approach US$900 million, with Avalanche, Aptos and The Sandbox leading the way
According to Token Unlock data, the token unlock scale in February is expected to reach nearly $900 million. This includes:
1. Avalanche plans to unlock approximately 9.5 million tokens worth about $320 million on February 22. These tokens will be used for airdrops, strategic partnerships, and team members of the Avalanche Foundation.
2. Aptos plans to unlock 24.8 million tokens worth about $233 million on February 11, including allocations for core contributors, investors, and community and foundation plans.
3. The Sandbox will unlock 209 million tokens worth about $90 million, with some reserved for reserves and team and advisor allocations.
4. On February 29, Optimism plans to unlock 24 million OP tokens worth about $70 million for its core contributors and investors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
