182 Million Tokens Worth $22.7 Million Released This Week

In a significant event for the cryptocurrency market, multiple tokens are set to experience substantial unlocks this week, according to data from Token Unlocks. Notably, on January 6th, Kaspa (KAS) unlocked approximately 182 million tokens, equating to 0.72% of its current circulating supply, with an estimated value of $22.7 million. Similarly, Delysium (AGI) released around 33.59 million tokens, which constitutes 2.45% of its supply, valued at about $5 million.

Moving forward, Eigenlayer (EIGEN) plans to unlock approximately 1.29 million tokens on January 8th, accounting for 0.61% of its supply, worth roughly $5.2 million. This pattern continues as Ethena (ENA) will unlock 12.86 million tokens on the same day, representing 0.42% of its supply, valued at about $16.2 million.

Subsequent unlocks will include Movement (MOVE), with around 50 million tokens set for release on January 9th, and Optimism (OP), which will release 4.47 million tokens shortly thereafter. A significant unlock for Aptos (APT) is projected for January 11th, involving approximately 11.31 million tokens, representing 2.03% of its current supply with an impressive value of $110 million.

Token unlocks can have notable impacts on market dynamics, and these events warrant careful observation by investors and analysts alike.

Related Content

Arthur Hayes introduces the investors of the Maelstrom fund to the degen crypto

Top 5 Crypto Gems Ready To Boom In 2025

CFTC chair warns of crypto regulatory gaps and political betting risks pre-resignation

Leave a Comment