$380 million worth of AVAX will be unlocked in one go this week
According to Token Unlocks data, this week, AVAX, ID, and DYDX tokens will undergo a one-time large-scale unlock, releasing a total value of over $400 million. Specifically:AVAX (Avalanche) will unlock 9.54 million tokens worth approximately $383 million at 8:00 AM on February 22, accounting for 2.6% of the circulating supply;ID (SPACE ID) will unlock 18.49 million GAL tokens worth approximately $10.73 million at 8:00 AM on February 22, accounting for 4.29% of the circulating supply;DYDX (dydx) will unlock 575,000 tokens worth approximately $1.78 million at 11:00 PM on February 20, accounting for 0.19% of the circulating supply; a total of 2.16 million tokens worth $6.82 million will be unlocked this week, accounting for 0.72% of the circulating supply.In addition, ACA (Acala) and 1inch (1INCH) will also see token unlocks worth tens of thousands of dollars this week. STRK (Starknet) will also see token releases/distributions at 8:00 AM on February 20.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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