Avalanche (AVAX) Dips Ahead of
Token Unlock Worth $365M
#AVAX✈️ $AXAX
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Avalanche (AVAX) Dips Ahead of Token Unlock
Worth $365M
Avalanche (AVAX) dipped over 3% this week, even
as the rest of the crypto market saw gains. This
underperformance coincides with a major unlock
event scheduled for Thursday, releasing 9.5
million AVAX tokens worth $365 million into
.circulation
This unlock translates to a 2.6% increase in the
otal AVAX supply, potentially diluting its value.
The unlocked tokens will be distributed to team
members, strategic partners, the ecosystem
