Token unlock update: Aptos (APT) and Immutable (IMX) lead this week's $303M release
The post Token unlock update: Aptos (APT) and Immutable (IMX) lead this week's $303M release appeared on BitcoinEthereumNews.com. Crypto markets are braced for $303 million in token unlocks this week. Aptos leads major cliff unlocks at $50.78 million value. Solana dominates linear releases with $70.72 million worth. Multiple altcoins face supply pressure from scheduled distributions. Aptos leads the pack in cliff unlocks Aptos (APT) takes the lead in the token unlock schedule this week. The layer-1 blockchain will unlock 11.31 million APT tokens worth $50.78 million. The unlock accounts for 1.75% of the circulating supply. Immutable (IMX) is the second-largest cliff unlock event. The blockchain dedicated to gaming will unlock 24.52 million IMX tokens worth $10.43 million. The unlock represents 1.31% of IMX’s supply. IO token comes in third with 13.29 million tokens to be unlocked. The unlock has a value of $9.28 million and accounts for 7.64% of the token’s circulating supply. It is the largest percentage effect among significant cliff unlocks. Source: Wu Blockchain MOVE token will unlock 50 million tokens worth $7.81 million. The release represents 1.96% of the entire supply. AGI will release 106.53 million tokens worth $5.29 million. These cliff unlocks are different from linear releases because they take place in a series of separate events. The high concentration creates near-instant supply pressure on token prices. Typically, market participants may rebalance their positions before notable unlock dates. The total value of these five large cliff unlocks is approximately $83 million. All this cash is the centerpiece of the week’s scheduled token releases on cryptocurrency exchanges. Solana heads linear unlocks Solana (SOL) is the top linear unlock group with 465.77K tokens unlocking every day. The steady distribution has a weekly value of $70.72 million. The unlock only makes up for 0.09% of SOL’s circulating supply. Worldcoin (WLD) has 37.23 million linearly unlocking daily tokens. This represents a weekly distribution with a value of $33.60…
The post Token unlock update: Aptos (APT) and Immutable (IMX) lead this week's $303M release appeared on BitcoinEthereumNews.com.
Crypto markets are braced for $303 million in token unlocks this week. Aptos leads major cliff unlocks at $50.78 million value. Solana dominates linear releases with $70.72 million worth. Multiple altcoins face supply pressure from scheduled distributions. Aptos leads the pack in cliff unlocks Aptos (APT) takes the lead in the token unlock schedule this week. The layer-1 blockchain will unlock 11.31 million APT tokens worth $50.78 million. The unlock accounts for 1.75% of the circulating supply. Immutable (IMX) is the second-largest cliff unlock event. The blockchain dedicated to gaming will unlock 24.52 million IMX tokens worth $10.43 million. The unlock represents 1.31% of IMX’s supply. IO token comes in third with 13.29 million tokens to be unlocked. The unlock has a value of $9.28 million and accounts for 7.64% of the token’s circulating supply. It is the largest percentage effect among significant cliff unlocks. Source: Wu Blockchain MOVE token will unlock 50 million tokens worth $7.81 million. The release represents 1.96% of the entire supply. AGI will release 106.53 million tokens worth $5.29 million. These cliff unlocks are different from linear releases because they take place in a series of separate events. The high concentration creates near-instant supply pressure on token prices. Typically, market participants may rebalance their positions before notable unlock dates. The total value of these five large cliff unlocks is approximately $83 million. All this cash is the centerpiece of the week’s scheduled token releases on cryptocurrency exchanges. Solana heads linear unlocks Solana (SOL) is the top linear unlock group with 465.77K tokens unlocking every day. The steady distribution has a weekly value of $70.72 million. The unlock only makes up for 0.09% of SOL’s circulating supply. Worldcoin (WLD) has 37.23 million linearly unlocking daily tokens. This represents a weekly distribution with a value of $33.60…
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