Significant token unlock events are set to occur next week for several cryptocurrencies, including Connex (CONX), Avalanche (AVAX), and Arbitrum (ARB). According to Token Unlocks data, CONX will release approximately 1.32 million tokens on May 15, valued at $18.1 million, representing 1.49% of its circulating supply. AVAX will unlock 1.67 million tokens on May 12, worth $16.5 million, accounting for 0.31% of its supply. ARB is scheduled to unlock 92.65 million tokens on May 16, valued at $13 million, which constitutes 1.71% of its circulating supply. Other notable unlocks include Aptos (APT) with 11.31 million tokens on May 13, Starknet (STRK) with 127 million tokens on May 15, Based (BASED) with 50 million tokens on May 11, and Sei (SEI) with 55.56 million tokens on May 15. These events are expected to impact the market dynamics for these tokens.
Major Token Unlocks for CONX, AVAX, and ARB Scheduled Next Week
This content is for informational purposes only and does not constitute investment advice.
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