Data: AVAX worth 380 million dollars will be unlocked all at once this week
According to Token Unlocks data, this week AVAX, ID and DYDX tokens will have a one-time large-scale unlocking, releasing a total value of over 400 million US dollars. Specifically:
AVAX (Avalanche) unlocked 9.54 million tokens at 8 am Singapore time on February 22nd, worth about $383 million USD, accounting for 2.6% of the circulating supply;
ID (SPACE ID) unlocked 18.49 million GAL tokens at 8 am on February 22nd, worth about $10.73 million USD, accounting for 4.29% of the circulating supply;
DYDX (dydx) will unlock 575 thousand tokens at11 pm on February20th , worth about $1.78 million USD , accounting for0 .19 %of the circulating supply; A total of2 .16milliontokenswill beunlockedthisweek ,worth$682USD ,accountingfor0 .72 %ofthe circulatingsupply.
In addition, ACA (Acala), and1inch(1INCH) will also see token unlocks worth hundreds of thousands of dollars this week.STRK(Starknet)willalsohaveatokenrelease/distributionat8amonFebruary20th.
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.
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