Over $45M in Insider Token Unlocks Set to Hit Market Sept. 8–14

• Over $45 million in insider token unlocks set for Sep. 8-14 across multiple projects.
• Aptos leads with a $28.96M release, equal to 0.98% of its circulating supply.
• IO, PEAQ, BB, and AGI follow with unlocks valued between $1.4M and $5.2M.

More than $45.2 million worth of insider token unlocks are scheduled between September 8 and 14, according to data from Tokenomist. These unlocks involve allocations to teams, founders, and private investors. This new supply could influence the short-term market activity of the tokens.

Aptos Leads With $29M Unlock

Aptos will see the largest release of the week on September 11. Roughly $28.96 million in tokens will be unlocked, representing 0.98% of its circulating supply. While the percentage is under 1%, the value of the release makes Aptos the dominant figure in this week’s unlock calendar.

Notably, Aptos unlocked 11.31 million tokens ($45.24 million) on July 12, 1.76% of its circulating supply, to the market. The release followed May and June unlocks valued at $65 million and $53–$59 million, respectively. 

Interestingly, Aptos’ price reactions to past unlocks have been mixed, rangin…

The post Over $45M in Insider Token Unlocks Set to Hit Market Sept. 8–14 appeared first on Coin Edition.