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Cryptocurrency News Articles

Token Unlock Worth Over $2.6B Scheduled for Next Week: Tokenomist

Jan 11, 2025 at 06:33 pm

Token Unlock Worth Over $2.6B Scheduled for Next Week: Tokenomist

A massive token unlock event, valued at over $2.6 billion, is set to occur next week, according to Tokenomist X Capture.

On the 10th (local time), Tokenomist (formerly Token Unlock) announced on X, "Major projects with tokens unlocking between the 13th and 19th," stating that "the scale of the tokens being unlocked is over $2.6 billion." They highlighted Ondo Finance (ONDO), Arbitrum (ARB), and Starknet (STRK) as projects to watch for token unlocks.

According to Tokenomist data, the real-world asset (RWA) project Ondo Finance will have the largest amount unlocked. On the 18th (local time), Ondo Finance will unlock an amount equivalent to 134.21% of its circulating supply, which is approximately $2.42 billion.

Furthermore, Arbitrum will unlock tokens equivalent to 2.20% (about $69.32 million) of its circulating supply on the 16th, and Starknet will unlock tokens equivalent to 2.65% (about $27.55 million) on the 15th.

Other projects such as Sei (SEI) and Etena (ENA) are also set to unlock tokens.

Original source:bloomingbit

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