According to PANews, several cryptocurrencies are set for substantial token unlocks next week. Aptos (APT) will release approximately 11.31 million tokens on May 13 at 2 a.m. UTC+8, representing 1.82% of its circulating supply, valued at around $67.5 million. Arbitrum (ARB) is scheduled to unlock about 92.65 million tokens on May 16 at 9 p.m. UTC+8, accounting for 1.95% of its supply, worth approximately $42.7 million.
Avalanche (AVAX) will see an unlock of around 1.67 million tokens on May 17 at 8 a.m. UTC+8, which is 0.4% of its current supply, valued at about $41.3 million. Starknet (STRK) plans to release approximately 127 million tokens on May 15 at 8 a.m. UTC+8, making up 4.09% of its supply, with an estimated value of $23 million.
Immutable (IMX) will unlock around 24.52 million tokens on May 16 at 8 a.m. UTC+8, representing 1.35% of its circulating supply, valued at approximately $17.9 million. Sei (SEI) is set to release about 55.56 million tokens on May 15 at 8 p.m. UTC+8, which is 1.09% of its supply, worth around $14.5 million.
Lastly, ApeCoin (APE) will release around 15.6 million tokens on May 17 at 8:30 p.m. UTC+8, representing 1.95% of its circulating supply, with an estimated value of $10.3 million.
