Token Unlocks data shows that many large tokens will be unlocked next week, including Sui (SUI), Ethena (ENA), Optimism (OP), Kamino (KMNO), and Across Protocol (ACX). Token unlocks may affect the price and liquidity of these tokens in the market.
Sui (SUI) will unlock approximately 44 million tokens at 8:00 AM Beijing time on July 1, accounting for 1.3% of the current total circulating supply, with a value of about 122.8 million USD. This is a significant portion of the circulating supply, which could impact price volatility.
Ethena (ENA) is expected to unlock approximately 40.6 million tokens at 3:00 PM on July 2, accounting for 0.67% of the total circulating supply, worth about 10.7 million USD. This event could create short-term selling pressure.
Optimism (OP) will unlock 31.34 million tokens at 8:00 AM on June 30, accounting for 0.67% of the total circulating supply, with a value of about 17.4 million USD. This unlock may affect the supply and demand of OP tokens in the market.
Kamino (KMNO) will unlock a large amount of approximately 229 million tokens at 8:00 PM on June 30, accounting for 10.44% of the total circulating supply, worth about 13.8 million USD. This is the largest token unlock among the listed tokens.
Across Protocol (ACX) will unlock approximately 100 million tokens at 8:00 PM on June 30, accounting for 22.61% of the total circulating supply, with a value of about 13.5 million USD. Unlocking a large percentage could cause significant price volatility.
Investors should closely monitor token unlock events to make reasonable trading decisions, while also considering the impact of these unlocks on the overall market of related tokens.
Source: https://tintucbitcoin.com/sui-ena-op-mo-khoa-lon/
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