Significant Token Unlocks Scheduled for Next Week
According to BlockBeats, a recent report from Token Unlocks reveals that several major cryptocurrencies will experience substantial token unlocks next week, amounting to an impressive total of approximately $220 million. This article will detail the specific tokens and their respective unlocks.
Overview of Upcoming Unlocks
The following tokens are scheduled for significant unlocks:
- Arbitrum (ARB): Unlock of 92.65 million tokens
- Axie Infinity (AXS): Unlock of 9.25 million tokens
- Eigenlayer (EIGEN): Unlock of 11.22 million tokens
- Starknet (STRK): Unlock of 64 million tokens
- Taiko (TAIKO): Unlock of 12 million tokens
Detailed Breakdown of Token Unlocks
Here’s the schedule and details on the specified token unlocks:
1. Arbitrum (ARB)
- Unlock Amount: 92.65 million tokens
- Unlock Date & Time: 1:00 PM UTC on October 16
- Percentage of Supply: 2.56%
- Value: Approximately $49.4 million
2. Axie Infinity (AXS)
- Unlock Amount: 9.25 million tokens
- Unlock Date & Time: 1:10 PM UTC on October 14
- Percentage of Supply: 6.08%
- Value: Approximately $43.1 million
3. Eigenlayer (EIGEN)
- Unlock Amount: 11.22 million tokens
- Unlock Date & Time: 7:00 PM UTC on October 15
- Percentage of Supply: 6.01%
- Value: Approximately $43.9 million
4. Starknet (STRK)
- Unlock Amount: 64 million tokens
- Unlock Date & Time: 12:00 AM UTC on October 15
- Percentage of Supply: 3.30%
- Value: Approximately $26 million
5. Taiko (TAIKO)
- Unlock Amount: 12 million tokens
- Unlock Date & Time: 12:00 AM UTC on October 14
- Percentage of Supply: 14.99%
- Value: Approximately $18.7 million
Conclusion
In summary, next week will see substantial token unlocks across several popular cryptocurrencies. Investors should remain informed about these developments, as they may impact market dynamics significantly.
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