Arbitrum (ARB): Unlocking on November 16
Considered the leading Layer-2 solution for Ethereum, Arbitrum will release 92.65 million ARB tokens on November 16, which will help increase the project's liquidity and investor confidence. With a circulating supply reaching 3.97 billion ARB, this milestone has been achieved with strong support from major investment firms. The upcoming tokens are valued at approximately $59.63 million, a figure that could impact overall market trends.
Other Notable Token Unlocks
In addition to the mentioned project, many projects, such as Cheelee (CHEEL), Ethena (ENA), and Apecoin (APE), will also have significant unlock events this week. Overall, these token unlocks represent a market capitalization of over $480 million and mark a week of key transformations for various crypto assets.