According to BlockBeats, data from Token Unlocks indicates that several projects are set to unlock a significant amount of tokens this week. The total value of tokens to be unlocked from APT, XAI, and IMX is approximately $159 million.
Aptos (APT) is set to unlock about 11.31 million tokens on July 12, representing 2.49% of the current circulation. The value of these tokens is approximately $63 million. Xai (XAI) will unlock about 198.4 million tokens on July 9, which represents 71.59% of the current circulation and is valued at approximately $55 million.
Immutable (IMX) will unlock about 32.47 million tokens on July 12, representing 2.15% of the current circulation. The value of these tokens is approximately $41.6 million. dydx (DYDX) will unlock about 1.55 million tokens on July 10, representing 0.68% of the current circulation and valued at approximately $1.9 million.
Moonbeam (GLMR) will unlock about 3.04 million tokens on July 11, representing 0.34% of the current circulation and valued at approximately $560,000. io.net (IO) will unlock about 2.11 million tokens on July 11, representing 2.22% of the current circulation and valued at approximately $4.4 million.
Finally, Ethena (ENA) will unlock about 14.89 million tokens on July 14, representing 0.87% of the current circulation and valued at approximately $5.6 million.