4 Major Token Unlocks to Watch in the Coming Days
Token unlocks often create significant market movements, presenting opportunities for traders and investors. Here are four of the biggest upcoming token unlocks that you should keep an eye on:
1️⃣ Token Name #1 : Cardano ($ADA )
Unlock Date: 16 December , 12:00AM UTC
Amount to be Unlocked: 0.05% of circulation supply Worth to be $20.11M
Potential Impact: Large unlocks can increase circulating supply, potentially leading to short-term price volatility.
2️⃣ Token Name #2 : Arbitrum ($ARB )
Unlock Date: 16 December, 1:00PM UTC
Amount to be Unlocked: 2.26% of circulation supply Worth to be $91.07M
Potential Impact: This unlock could affect market sentiment, especially if a significant portion is allocated to early investors or the team.
3️⃣ Token Name #3 : ApeCoin ($APE )
Unlock Date: 17 December, 12:30PM UTC
Amount to be Unlocked: 2.16% of circulation supply Worth to be $23.87M
Potential Impact: Watch for sell pressure as early holders may look to realize profits.
4️⃣ Token Name #4 : Eigen layer (Eigen)
Unlock Date: 17 December, 7:00PM UTC
Amount to be Unlocked: 0.61% of circulation supply Worth to be $6.21M
Potential Impact: If the unlock aligns with strong market demand, the impact may be muted, but low liquidity could amplify price movements.