Tokens such as ENA, APT, and AVAX will see large unlocks this week

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Foresight News reports that according to Token Unlocks data, this week will see a large one-time token unlock for ENA, APT, and AVAX, with a total release value exceeding $100 million, including:

Ethena (ENA) will unlock 171 million tokens on August 5 at 15:00, valued at approximately $101 million, representing 2.7% of circulating supply;

Aptos (APT) will unlock 11.31 million tokens on August 12 at 8:00, valued at approximately $48.07 million, representing 1.68% of circulating supply;

Avalanche (AVAX) will unlock 1.67 million tokens on August 15 at 8:00, valued at approximately $35.80 million, representing 0.39% of circulating supply;

Immutable (IMX) will unlock 24.52 million tokens on August 8 at 8:00, valued at approximately $12.41 million, representing 1.3% of circulating supply.

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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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