February – The Month of Unlocks
In February, nearly $900M in tokens are set to be released in the digital asset market, led by projects like Avalanche, Aptos, and The Sandbox.
Avalanche leads in the release, with the blockchain project unlocking 9.5M tokens on Feb. 22, valued at about $320M. These tokens go to the Avalanche Foundation, strategic partners, team members, and airdrop initiatives.
Aptos plans to release 24.8M crypto tokens on Feb. 11, valued at around $233M. This includes $180M for core contributors and investors and $39M for the community and foundation.
The Sandbox will unlock 209M tokens on Feb. 14, totaling around $90M. Around $40M in tokens will be for company reserves, and the rest will be released for the team and advisers.
Optimism will release 24M $OP tokens, valued at about $70M, to core contributors and investors on Feb. 29. Additionally, Sui will unlock $53M in tokens for its community access program…