Major Cryptocurrency Token Unlocks Expected This Week

The cryptocurrency market is set to release nearly $230 million in vested tokens this week, raising concerns of further market instability.

After a turbulent week with significant price drops, this substantial release could exacerbate selling pressure.

According to TokenUnlocks, 14 cryptocurrencies will see major unlocks this week, totaling $229.77 million. The impact will be particularly pronounced for three major coins, which together account for $174.96 million of this sum.

The Sandbox (SAND) will unlock 205.59 million tokens valued at $54.96 million on August 14. This significant release represents 9% of its market value, likely leading to increased market dilution.

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Aptos (APT) will release 11.31 million tokens worth $66.95 million on August 12, increasing its supply by 2.4%. This unlock is part of Aptos’s regular monthly schedule, contributing to high inflation rates.

Arbitrum (ARB) will unlock tokens worth $53.05 million on August 16, resulting in a 2.8% monthly inflation. The value of these tokens has decreased over recent months, reflecting a trend of reduced worth.

These upcoming unlocks are expected to heighten volatility and could lead to further declines in the prices of APT, SAND, and ARB.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.