Over $400 Million Worth of Tokens Set to Unlock This Week

According to PANews, data from Token Unlocks reveals that this week, tokens such as AVAX, ID, and DYDX will experience a significant one-time unlocking, with a total release value exceeding $400 million. Among them: On February 22 at 8 am, 9.54 million AVAX (Avalanche) tokens will be unlocked, valued at approximately $383 million, accounting for 2.6% of the circulating supply. On February 22 at 8 am, 18.49 million GAL tokens of ID (SPACE ID) will be unlocked, valued at approximately $10.73 million, accounting for 4.29% of the circulating supply. DYDX (dydx) will unlock 575,000 tokens on February 20 at 11 pm, valued at approximately $1.78 million, accounting for 0.19% of the circulating supply. A total of 2.16 million tokens will be unlocked this week, valued at $682, accounting for 0.72% of the circulating supply. In addition, ACA (Acala) and 1inch (1INCH) will also see token unlocks worth several hundred thousand dollars this week. STRK (Starknet) will also have token releases/distributions on February 20 at 8 am.