This week, 8 altcoins will be unlocked, totaling tens of millions of dollars.
According to Token Unlocks data, a total of over $256 million will be unlocked in 8 altcoin projects, including Arbitrum (ARB), Ethena (ENA) and ApeCoin (APE), between December 16-22.
In general, when more than 1% of the circulating supply is released during unlocks, the price is significantly negatively affected. In this regard, the unlocks of Arbitrum, ApeCoin, QuantixAI (QAI) and Metars Genesis (MRS) in the coming week are important.
Watch out for MRS and ARB!
In particular, the opening of 479 million locks worth $40 million to be realized in JTO is one of the most important things to watch out for, with a 100% circulating supply.
The $54 million worth of unlocking in Xai needs to be considered with a 10% supply rate.
The cryptocurrencies that will be unlocked are as follows:
Arbitrum (ARB): 96.8 million assets worth $96 million will be unlocked as of 15:00 GMT on December 16. 2.34% of the circulating supply will be freed.
Echelon Prime (PRIME): 750,000 assets worth $10 million will be unlocked on December 17 at 11:00 UTC. 1.46% of the circulating supply will be freed.
ApeCoin (APE): 15 million assets worth $25 million will be unlocked on December 17 at 5:00 PM UTC. 2.50% of the circulating supply will be freed.
Eigenlayer (EIGEN): 1.2 million assets worth $6.3 million will be unlocked on December 18 at 10:00 UTC. 0.62% of the circulating supply will be freed.
QuantixAI (QAI): 232,000 assets worth $22 million will be unlocked as of 12:00 UTC on December 18. 5.3% of the circulating supply will be freed.
Ethena (ENA): 12 million assets worth $15 million will be unlocked on December 18 at 16:00 GMT. 0.45% of the circulating supply will be freed.
Cardano (ADA): 18 million assets worth $20 million will be unlocked over the next week. Unlocking will begin on December 20 at 15:00 UTC. 0.05% of the circulating supply will be freed.
Metars Genesis (MRS): 10 million assets worth $62 million will be unlocked on December 22 at 16:00 GMT. 11.8% of the circulating supply will be freed.