In the coming week, many Tokens from significant cryptocurrency projects will be unlocked in large volumes, significantly affecting circulating supply and market value.
The unlocking of Tokens is recorded with a % of circulating supply ranging from 0.51% to nearly 10%, with corresponding values from 5.4 million to over 52 million USD, impacting liquidity and price volatility in the market.
MAIN CONTENT
APT unlocks nearly 11.31 million Tokens, equivalent to 2.20% of circulating supply.
ARB unlocks 92.65 million Tokens, accounting for 2.04% of the current circulating supply.
AVAX and SEI are expected to unlock over 1.67 million and 55.56 million Tokens with corresponding values of nearly 39 million and 17.5 million USD.
Which Tokens will be unlocked next week and how will they affect the market?
APT, ARB, AVAX, and other Tokens will unlock in large quantities from August 11 to 16, potentially affecting liquidity and price volatility in the cryptocurrency market.
For example, Aptos (APT) unlocks approximately 11.31 million Tokens on the morning of August 12 (Beijing time), accounting for 2.20% of circulating supply, valued at about 52.1 million USD. Next, Arbitrum (ARB) unlocks up to 92.65 million Tokens on the evening of August 16, accounting for 2.04% of circulating supply, equivalent to 41.9 million USD, which could significantly impact liquidity and pricing in the short term.
Other Tokens such as Avalanche (AVAX) and Sei (SEI) also unlock at scales of 1.67 million and 55.56 million Tokens respectively, accounting for smaller ratios but still significant values of nearly 39.2 million USD and 17.5 million USD.
Details of large Token unlocks and % ratios of supply
The unlocked Tokens have varying % of circulating supply, ranging from 0.51% to nearly 10%, impacting cryptocurrency market prices diversely.
Solayer (LAYER) Tokens will unlock approximately 27.02 million Tokens (9.51% of circulating supply) on the evening of August 11, with an estimated value of 17 million USD, part of the largest unlocking ratio group this week. Starknet (STRK) also unlocks 127 million Tokens (5.98%), equivalent to 16.8 million USD on the morning of August 15.
This indicates the diversity in the scale of supply being released, with the potential to increase selling pressure on the market or facilitate liquidity for investors.
The unlocked Token value and its impact on investor psychology
The total value of unlocked Tokens from projects ranges from 5.4 million to over 52 million USD, directly impacting cash flow and market sentiment.
Peaq (PEAQ) is expected to unlock 84.84 million Tokens, accounting for 7.03% of circulating supply, valued at approximately 5.6 million USD on August 12. BounceBit (BB) unlocks 42.9 million Tokens, accounting for 6.36%, valued at 5.4 million USD on the morning of August 11.
The release of a large amount of Tokens can create selling pressure or buying opportunities depending on market context, personal strategies, and the actions of major investors.
Regular Token unlocking is an important factor to monitor as it affects supply and demand and price trends in the cryptocurrency market.
Cryptocurrency market analyst, 2024
Frequently Asked Questions
What is Token unlocking and why is it important?
Token unlocking is the moment when previously locked Tokens are allowed to trade, affecting market supply and liquidity.
How does unlocking Tokens affect cryptocurrency prices?
Unlocking a large amount of Tokens can create selling pressure, causing prices to fall, or provide liquidity to support the market depending on the situation.
How to accurately track the timing and amount of Token unlocks?
This information is published by the cryptocurrency project and transparent blockchain tracking platforms, updated in real-time.
What can investors do when a large Token unlock occurs?
It is advisable to closely monitor price fluctuations, consider appropriate risk management strategies, and avoid investing based on rumors.
Which project's Tokens will unlock the largest amount next week?
Arbitrum (ARB) with approximately 92.65 million Tokens, accounting for 2.04% of circulating supply and valued at about 41.9 million USD.
Source: https://tintucbitcoin.com/apt-arb-avax-sap-mo-khoa-lon/
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