Recent data from Token Unlocks reveals significant token unlock events for several cryptocurrencies this week. Notably, Arbitrum (ARB) is set to release approximately 92.65 million tokens on December 16 at 21:00 Beijing time, representing 2.26% of its circulating supply, valued at around $95.7 million. Similarly, Echelon Prime (PRIME) will unlock around 750,000 tokens on December 17, accounting for 1.46% of its total supply, with a market value of approximately $11.18 million.
Moreover, ApeCoin (APE) will release 15.6 million tokens later that day, which translates to 2.16% of its circulation and is valued at about $25.27 million. Following this, Eigenlayer (EIGEN) will unlock 1.29 million tokens on December 18, constituting 0.61% of its circulation, worth roughly $6.64 million.
Additionally, QuantixAI (QAI) will see the unlocking of around 232,000 tokens on December 18, marking 5.16% of its circulation with a valuation of $22.36 million. Ethena (ENA) is also scheduled to unlock 12.86 million tokens on the same day, equating to 0.44% of its circulation and valued at about $16.6 million. Lastly, on December 21, Cardano (ADA) will unlock 100,000 tokens, representing 0.61% of its current supply, valued at $22.36 million.
Source: https://en.coinotag.com/breakingnews/major-arbitrum-arb-token-unlock-scheduled-this-week-92-65-million-tokens-expected/