Major Token Unlocks Next Week: SUI, OP, IMX & More Totaling $300 Million

Significant Token Unlocks Scheduled for Next Week

According to a recent report by PANews, several major token unlocks are set to take place next week, amounting to a total value of approximately $295.7 million. Below is a detailed breakdown of the upcoming token unlocks across various cryptocurrencies.

1. Sui (SUI)

Sui will unlock around 64.19 million tokens on October 1 at 8:00 AM (UTC+8), which accounts for 2.40% of its current circulating supply, valued at approximately $107 million.

2. Optimism (OP)

Optimism is scheduled to unlock about 31.34 million tokens on September 30 at 8:00 AM (UTC+8). This represents 2.50% of its circulating supply, with an estimated value of $60 million.

3. Immutable (IMX)

Immutable will unlock approximately 32.47 million tokens on October 4 at 8:00 AM (UTC+8), which is 2.02% of its circulating supply, valued at around $59 million.

4. ZetaChain (ZETA)

ZetaChain will unlock about 53.89 million tokens on October 1 at 8:00 AM (UTC+8), accounting for 13.43% of its circulating supply, with a value of approximately $39 million.

5. dYdX (DYDX)

dYdX is set to unlock around 8.33 million tokens on October 1 at 8:00 AM (UTC+8), which is 1.32% of its circulating supply, valued at about $9 million.

6. Maverick Protocol (MAV)

Maverick Protocol will unlock approximately 36.40 million tokens on October 1 at 8:00 AM (UTC+8), representing 9.56% of its circulating supply, with an estimated value of $9 million.

7. Cardano (ADA)

Cardano is set to unlock about 18.53 million tokens on October 2 at 8:00 AM (UTC+8), accounting for 0.05% of its circulating supply, valued at approximately $7.5 million.

8. Galxe (GAL)

Galxe will unlock around 2 million tokens on October 1 at 8:00 AM (UTC+8), representing 1.57% of its circulating supply, with an estimated value of $4.9 million.

9. Manta Network (MANTA)

Manta Network will unlock approximately 1.87 million tokens on October 1 at 7:59 AM (UTC+8), which is 0.50% of its circulating supply, valued at about $1.8 million.

Conclusion

These token unlocks could significantly impact the respective markets of the listed cryptocurrencies. Investors and traders should stay informed and consider the implications of these unlocks in their trading strategies.