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.
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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.
Read More
XRP Rebounds Sharply After 41% Flash Crash, Reclaims $2.47 Support