According to ME News, on August 9 (UTC+8), Token Unlocks data shows that significant token unlocks are scheduled for next week for YZY, AVAX, and ARB, as follows: YZY (YZY) will unlock approximately 120 million tokens on August 16 at 11:00 AM Beijing Time, representing about 22.83% of the circulating supply, with an estimated value of $35.8 million. Avalanche (AVAX) will unlock approximately 1.67 million tokens on August 10 at 8:00 AM Beijing Time, representing about 0.31% of the circulating supply, with an estimated value of $10.8 million. Arbitrum (ARB) will unlock approximately 92.65 million tokens on August 16 at 9:00 PM Beijing Time, representing about 1.61% of the circulating supply, with an estimated value of $7.2 million. Aptos (APT) will unlock approximately 11.31 million tokens on August 12 at 8:00 AM Beijing Time, representing about 0.66% of the circulating supply, with an estimated value of $6.8 million. Sei (SEI) will unlock approximately 88.89 million tokens on August 15 at 8:00 PM Beijing Time, representing about 1.42% of the circulating supply, with an estimated value of $3.7 million. Starknet (STRK) will unlock approximately 127 million tokens on August 15 at 8:00 AM Beijing Time, representing about 3.61% of the circulating supply, with an estimated value of $3.2 million. (Source: PANews)
YZY, AVAX, and Other Tokens to Face Major Unlocking Next Week
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Summary
On-chain data reveals that YZY, AVAX, and ARB will undergo major token unlocks next week. YZY will unlock 120 million tokens on August 16 at 11:00 AM UTC+8, accounting for 22.83% of the circulating supply, valued at $35.8 million. AVAX will unlock 1.67 million tokens on August 10 at 8:00 AM UTC+8, representing 0.31% of the supply, worth $10.8 million. ARB will unlock 92.65 million tokens on August 16 at 9:00 PM UTC+8, equivalent to 1.61% of the supply, valued at $7.2 million. Current inflation data suggests these unlocks may influence short-term price dynamics.
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