Next week’s unlock schedule includes $ZRO , $ARB , and $KAITO , but their impacts on circulating supply are not on the same scale.
According to Token Unlocks data, $ZRO will unlock about 23.29 million tokens at 7 p.m. Beijing time on November 20, representing about 3.69% of its circulating supply and worth about $34.7 million; $ARB will unlock about 92.65 million tokens at 9 p.m. on November 16, representing about 1.53% of its circulating supply and worth about $12.5 million. $KAITO is also scheduled to unlock on November 20, but the available information only gives the timing; the amount and percentage have not been fully disclosed.
The practical significance of this difference in percentages is that $ZRO ’s unlock is close to 3.69% of its circulating supply, the highest share of the three, making the additional supply more noticeable relative to the existing supply. Although $ARB has a larger absolute amount, its 1.53% share means less dilution. An unlock does not mean an immediate sale: recipients can hold the tokens or sell them gradually. The ratio to circulating supply only indicates the potential scale of tokens that could enter circulation.
I would first assess $ZRO and $ARB separately, rather than treating “unlocks next week” as a single signal. Until the percentage data for $KAITO is available, I can’t compare it with the other two on the same basis; for now, I can only note the date, November 20.
According to Token Unlocks data, $ZRO will unlock about 23.29 million tokens at 7 p.m. Beijing time on November 20, representing about 3.69% of its circulating supply and worth about $34.7 million; $ARB will unlock about 92.65 million tokens at 9 p.m. on November 16, representing about 1.53% of its circulating supply and worth about $12.5 million. $KAITO is also scheduled to unlock on November 20, but the available information only gives the timing; the amount and percentage have not been fully disclosed.
The practical significance of this difference in percentages is that $ZRO ’s unlock is close to 3.69% of its circulating supply, the highest share of the three, making the additional supply more noticeable relative to the existing supply. Although $ARB has a larger absolute amount, its 1.53% share means less dilution. An unlock does not mean an immediate sale: recipients can hold the tokens or sell them gradually. The ratio to circulating supply only indicates the potential scale of tokens that could enter circulation.
I would first assess $ZRO and $ARB separately, rather than treating “unlocks next week” as a single signal. Until the percentage data for $KAITO is available, I can’t compare it with the other two on the same basis; for now, I can only note the date, November 20.