The total amount of token unlocked in the crypto market in August will drop to $3 billion, a decrease of 52% month-on-month

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On July 30, according to Tokenomist's data, the total token unlocking is expected to significantly drop to $3 billion in August, a decrease of approximately 52% from $6.3 billion in July.

Major unlocking projects include: Sui (SUI), Fasttoken (FTN), Aptos (APT), Avalanche (AVAX), and Arbitrum (ARB). Among them, Sui will unlock tokens worth approximately $167.62 million on August 1, becoming the largest single token unlocking event this month. Fasttoken will release tokens worth $91.6 million on August 18. Additionally, Aptos will unlock $51.5 million in tokens, Avalanche will unlock $40.35 million in tokens, and Arbitrum will unlock $39.24 million in tokens.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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