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The Twitter analyst account that goes by the name Technical Crypto Analyst (@TechCryptoAnlst), tweeted this morning regarding the top 7 token unlocks which will happen in March 2023. According to the tweet, the 7 token unlocks that will take place in March are Hedera (HBAR), ApeCoin (APE), BitDAO (BIT), Aptos (APT), dYdX (DYDX), ImmutableX (IMX) and Acala Network (ACA).
The tweet included a graphic that showed the amount of tokens that will be unlocked, the respective date for each token unlock, as well as the approximate dollar amount of each token unlock.
HBAR’s unlock date is set for 1 March 2023 and will see 3,140,110,994 HBAR tokens unlocked. The estimated dollar amount of the total tokens that will be unlocked is $227 million.
Meanwhile, APE’s unlock date is 17 March 2023, and BIT’s token unlock is set for 15 March 2023. APE’s token unlock will see 40,601,326 tokens unlocked, which is estimated to be around $210 million. 187,500,000 BIT tokens will be unlocked at a total dollar amount of $109 million.
4,543,478 APT tokens will be unlocked on 12 March 2023, which is estimated to add up to $56.4 million. DYDX, IMX, and ACA will see 6,520,128, 18,075,991, and 32,050,001 tokens unlocked respectively.
DYDX’s token unlock will take place on 14 March 2023, while IMX and ACA will see their token unlocks take place on 25 March 2023 and 1 March 2023.
It is estimated that the total amount of DYDX tokens that will be unlocked have a collective dollar value of $18.1 million. The amount of IMX tokens that will be unlocked adds up to around $17.2 million. Lastly, ACA’s token unlock’s value is the smallest on the list at $4.48 million.
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