Sonic (S) Leads Week of Major Token Unlocks — 150M S Set to Unlock Sept. 9 as APT, IO, MOVE and Others Release Tokens

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According to Token Unlock data, this week several projects have scheduled one-time token unlock events. Notably, Sonic (S) will release about 150 million tokens at 08:00 UTC on September 9, equal to 5.02% of its circulating supply and valued near $45.4 million.

Other confirmed unlocks include Movement (MOVE) — ~50 million at 20:00 UTC on September 9 (1.89%, ~$5.9m); BounceBit (BB) — ~42.89 million at 08:00 UTC on September 10 (6.31%, ~$6.4m); and Aptos (APT) — ~11.31 million at 18:00 UTC on September 11 (2.20%, ~$48m).

Additionally, io.net (IO) will unlock ~13.29 million at 20:00 UTC on September 11 (6.24%, ~$7m) and peaq (PEAQ) ~84.84 million at 08:00 UTC on September 12 (6.38%, ~$5.6m). Scheduled unlocks increase circulating supply, so market participants and liquidity providers routinely monitor the token unlock schedule and exchange depth to assess potential short-term supply impacts.

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Source: https://en.coinotag.com/breakingnews/sonic-s-leads-week-of-major-token-unlocks-150m-s-set-to-unlock-sept-9-as-apt-io-move-and-others-release-tokens/