Unlocks of the week
📌 On September 16, the popular Ethereum L2 scaling solution – Arbitrum will unlock 92.65 million ARB, with a current market value of over $46 million, accounting for approximately 2.7% of the token supply.
⏺ The unlock will be distributed among the team, advisors, and investors, with notable participants including Coinbase, Alameda Research and Mark Cuban.
⏺ The next day, the Ape ecosystem by Yuga Labs will unlock 15.60 million APE (2.3% of supply) with a current value exceeding $11 million.
⏺ Other unlocks of the week include tokens from the EigenLayer restaking protocol (September 17) and the identification platform Space ID (September 22).
