The cryptocurrency community is preparing for a large token unlock: from November 25 to December 1, 2024, crypto assets worth over $475.5 million will enter the market.
The largest unlock awaits the Sui token (94985956177). On December 1, the market will be replenished with assets worth $231.74 million, which equals 2.26% of the total token supply.
Recently, SUI has attracted close attention from investors, as the token has become one of the most profitable crypto assets during the current bull market. Over the past 30 days, SUI has risen by 90% and by 571% since the beginning of the year.
Another significant event for the crypto community will be the unlocking of Optimism tokens (69727694862) worth $64.56 million. On November 30, about 2.5% of the total OP supply will enter circulation. These assets will be distributed among the founders, team members, and private investors.
The third-largest unlock awaits the ZetaChain token (ZETA). On December 1, 10.41% of the total asset supply (about $35.90 million) will appear in the market. These funds will be used for community development and marketing, with part of the assets going to founders, team members, and consultants.