This week, a total of hundreds of millions of dollars worth of locks will be opened in 8 altcoins.

According to Token Unlocks data, a total of over $414 million will be unlocked in eight altcoin projects, including Arbitrum (ARB) and Avalanche (AVAX), between May 20 and May 27.

In general, the release of more than 1% of the circulating supply of tokens during lock openings has a significantly negative impact on the price. In this regard, the lock openings of AVAX and Lybra (LBR) in the coming week are important.

Attention to AVAX!

Particularly, the 10.2 million unlockings worth $372 million that will take place on AVAX are among the things that need to be taken into consideration, with a circulating supply amount of 2.68%.