According to PANews, several significant token unlocks are scheduled for next week, involving cryptocurrencies such as Aptos (APT), The Sandbox (SAND), Arbitrum (ARB), and others. These unlocks will release substantial amounts of tokens into circulation, potentially impacting their market dynamics.
Aptos (APT) is set to unlock approximately 11.31 million tokens on August 12 at 8:00 AM Beijing time. This represents 2.40% of its current circulating supply, valued at around $65 million. The Sandbox (SAND) will unlock about 205.6 million tokens on August 14 at 4:00 PM Beijing time, accounting for 9% of its circulating supply, with an estimated value of $54.5 million.
Arbitrum (ARB) will release approximately 92.65 million tokens on August 16 at 9:00 PM Beijing time, which is 2.77% of its circulating supply, valued at around $53.4 million. Starknet (STRK) plans to unlock about 64 million tokens on August 15 at 8:00 AM Beijing time, representing 3.95% of its circulating supply, worth approximately $24.5 million.
ApeCoin (APE) will unlock around 15.6 million tokens on August 17 at 8:00 AM Beijing time, which is 2.31% of its circulating supply, valued at about $9.6 million. CYBER will release approximately 1.99 million tokens on August 14 at 8:00 PM Beijing time, accounting for 8.54% of its circulating supply, with an estimated value of $6 million.
Ethena (ENA) is set to unlock about 14.89 million tokens on August 18 at 3:00 PM Beijing time, representing 0.82% of its circulating supply, valued at around $4.6 million. Render (RENDER) will release approximately 760,000 tokens on August 15 at 8:00 AM Beijing time, which is 0.19% of its circulating supply, worth about $3.7 million.
Astar (ASTR) will unlock around 9.72 million tokens on August 17 at 8:00 AM Beijing time, representing 0.14% of its circulating supply, valued at approximately $570,000. Nym (NYM) will release about 2.84 million tokens on August 16 at 8:00 AM Beijing time, accounting for 0.36% of its circulating supply, with an estimated value of $290,000.
Lastly, Euler (EUL) will unlock approximately 47,400 tokens on August 16 at 5:57 AM Beijing time, representing 0.25% of its circulating supply, valued at around $210,000. Forta (FORT) will release about 50,000 tokens on August 18 at 8:00 AM Beijing time, which is 0.01% of its circulating supply, worth approximately $6,500.