#MarketDownturn #BSCOnTheRise $BTC $ETH $SOL
According to token unlock data reported by PANews, several tokens, including Cardano (ADA) and Ethena (ENA), are set to open in major unlock events next week. Key details are as follows (converted to UTC time):
Cardano (ADA): About 18.53 million ADA tokens will be unlocked on December 6 at 12:00 AM UTC. This represents 0.05% of the current circulating supply, with a total value of about $19.8 million.
Ethena (ENA): About 12.86 million ENA tokens will be unlocked on December 4 at 7:00 AM UTC, representing 0.45% of the circulating supply, worth $10.5 million.
Eigenlayer (EIGEN): About 1.29 million EIGEN tokens will be unlocked on December 4 at 7:00 PM UTC, representing 0.69% of the circulating supply, with a total value of $4.9 million.
Cetus Protocol (CETUS): About 8.33 million CETUS tokens will be unlocked on December 6 at 12:00 AM UTC, making up 1.37% of the circulating supply, worth $3.1 million.
These openings can have a significant impact on the market, as large releases often impact token liquidity and market dynamics. Investors are advised to keep a close eye on these events.
