Significant Token Unlocks Scheduled for Next Week

According to PANews, several cryptocurrencies are set for substantial token unlocks next week. Aptos (APT) will release approximately 11.31 million tokens on May 13 at 2 a.m. UTC+8, representing 1.82% of its circulating supply, valued at around $67.5 million. Arbitrum (ARB) is scheduled to unlock about 92.65 million tokens on May 16 at 9 p.m. UTC+8, accounting for 1.95% of its supply, worth approximately $42.7 million.Avalanche (AVAX) will see an unlock of around 1.67 million tokens on May 17 at 8 a.m. UTC+8, which is 0.4% of its current supply, valued at about $41.3 million. Starknet (STRK) plans to release approximately 127 million tokens on May 15 at 8 a.m. UTC+8, making up 4.09% of its supply, with an estimated value of $23 million.Immutable (IMX) will unlock around 24.52 million tokens on May 16 at 8 a.m. UTC+8, representing 1.35% of its circulating supply, valued at approximately $17.9 million. Sei (SEI) is set to release about 55.56 million tokens on May 15 at 8 p.m. UTC+8, which is 1.09% of its supply, worth around $14.5 million.Lastly, ApeCoin (APE) will release around 15.6 million tokens on May 17 at 8:30 p.m. UTC+8, representing 1.95% of its circulating supply, with an estimated value of $10.3 million.