Aptos, Arbitrum, and Others to Unlock $363M in Tokens
There will be over $363 million worth of tokens unlocked this week. Key projects include Aptos (APT) on June 12 with 11.3 million tokens, Immutable (IMX) on June 14 with 25.5 million tokens, Cyber (CYBER) on June 14 with 886,120 tokens, Starknet (STRK) on June 15 with 64 million tokens and Arbitrum (ARB) on June 16 with 92.6 million tokens. Other unlocks include dYdX (DYDX), and Render (RNDR).
Token unlocks, which release previously restricted tokens according to a project's fundraising terms, are carefully scheduled to prevent market pressure and price drops. These unlocks increase the circulating supply and can influence market behavior. Despite often being seen as bearish, strategically planned unlocks can support a project's long-term success by aligning with development milestones.
