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Significant Token Unlocks Expected This Week, Totaling $350 Million

08/04 07:43

According to PANews, data on Token Unlocks indicates that a substantial one-time unlocking of tokens, including APT, is expected this week. The total value of the tokens to be released is estimated at $350 million. Aptos (APT) is set to unlock 24.84 million tokens on April 12 at 3:59 PM, valued at approximately $331 million. This represents 6.24% of the circulating supply. Moonbeam (GLMR) is scheduled to unlock 3.04 million tokens on April 11 at 8:00 AM, with an estimated value of $1.35 million, accounting for 0.36% of the circulating supply. Euler (EUL) will unlock 76,720 tokens on April 11 at 9:27 PM, valued at approximately $432,700. This represents 0.41% of the circulating supply. Finally, 1inch (1INCH) is set to unlock 214,290 tokens on April 11 at 8:00 AM, with an estimated value of $117,500, accounting for 0.02% of the circulating supply.

Bullish

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