Crypto token unlocks are expected to fall sharply to $3 billion in August, down around 52% from the $6.3 billion in value unlocked in July, according to vesting data tracker Tokenomist.
Despite the overall decrease, several high-profile unlocks could still impact prices. The biggest unlocks include Sui ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/sui-price-index” title=”null”>SUI), Fasttoken ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/fasttoken-price-index” title=”null”>FTN), Aptos ( data-ct-non-breakable=”null” href=”https://tokenomist.ai/aptos” rel=”noopener nofollow” target=”_blank” title=”null”>APT), Avalanche ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/avalanche-price-index” title=”null”>AVAX) and Arbitrum ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/arbitrum-price-index” title=”null”>ARB).
Sui will release $167.62 million in vested tokens on Aug. 1, making it the largest scheduled token unlock for the month. This could be impactful, as the token has a very high…
