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Weekly Token Unlocks: ARB, APT, SEI Prices Rally Despite $120 Million in New Supply


Weekly Token Unlocks: ARB, APT, SEI Prices Rally Despite $120 Million in New Supply

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  • Major token unlocks add liquidity pressure but short-term momentum stays bullish
  • Arbitrum, Aptos, and Sei sustain gains despite large insider token release events
  • Smaller Starknet and io.net unlocks trigger sharp upward intraday price reactions

Over $120 million worth of new tokens from projects like Arbitrum, Aptos, and Sei are hitting the market this week. But in a surprising show of strength, the prices of the affected altcoins are mostly shrugging off the new supply and rallying higher.

Arbitrum (ARB): Shrugging Off a $38 Million Unlock

Arbitrum saw $38.63 million in tokens unlocked, representing 1.80% of its circulating supply. Despite the significant unlock, ARB’s price remained resilient, climbing to $0.4207, up 3.23% on the day.

The chart structure showed a bounce from a strong su…

The post Weekly Token Unlocks: ARB, APT, SEI Prices Rally Despite $120 Million in New Supply appeared first on Coin Edition.

Read the article at CoinEdition

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Coins

$ 0.00543

-0.94%

$ 0.00...361

$ 0.0000824

$ 0.000207

$ 0.00061


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In This News

Coins

$ 0.00543

-0.94%

$ 0.00...361

$ 0.0000824

$ 0.000207

$ 0.00061


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