Total Token Unlock Value in Crypto Market to Drop to $3 Billion in August, Down 52% Month-on-Month
According to Tokenomist data reported by Jinse Finance, the total value of unlocked crypto tokens is expected to drop significantly to $3 billion in August, a decrease of about 52% compared to $6.3 billion in July. Among them, Sui will unlock tokens worth approximately $167.62 million on August 1, marking the largest single token unlock event of the month. Fasttoken will release tokens valued at $91.6 million on August 18. In addition, Aptos will unlock $51.5 million worth of tokens, Avalanche will unlock $40.35 million, and Arbitrum will unlock $39.24 million in tokens.
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
dYdX Annual Report: Cumulative Trading Volume Exceeds $1.55 Trillion
Defiance decides to close its Nasdaq-listed Ethereum ETF
Analyst: OG holders' selling pressure is easing, bitcoin may surge towards the $107,000 target price
Crypto Banter founder: Has sold all BitMine holdings, does not believe the company should invest in influencers
