Watch Out: There There’s a Token Unlock worth 900+ Million Dollars in August – Here Are the Altcoins That Will Be Affected

According to data provider TokenUnlocks, August will see major token unlocks worth over $900 million. Major tokens designated for unlocking include $DYDX, $SUI, $ZETA, GAL, W, $IMX, XAI, $APT, $SAND, STARK, $ARB, $APE, $ROSE, PIXEL, $AVAX and OP.

Here is a detailed breakdown of major token unlocks planned for August:

• $DYDX: On August 1, 8.33 million $DYDX tokens worth $10.67 million will be unlocked, representing 3.65% of the circulating supply.
• $SUI: On August 1, 64.19 million $SUI tokens worth $47.50 million will be available, representing 2.56% of the circulating supply.
• $ZETA: On August 1, 53.89 million $ZETA tokens worth $31.76 million will be unlocked, representing 18.92% of the circulating supply.
• GAL: On August 2, 4.17 million GAL tokens worth $12.56 million will be unlocked, representing 3.52% of the circulating supply.
• W: On August 3, 600 million W tokens worth $158.20 million will be unlocked, representing 33.33% of the circulating supply.
• $IMX: On August 9, 32.47 million $IMX tokens worth $48.39 million will be available, representing 2.11% of the circulating supply.
• XAI: On August 9, 35.88 million XAI tokens worth $11.39 million will be unlocked, representing 6.91% of the circulating supply.
• $APT: On August 12, 11.31 million $APT tokens worth $75.21 million will be unlocked, representing 2.41% of the circulating supply.

• $SAND: On August 14, 205.59 million $SAND tokens worth $66.95 million will be unlocked, representing 9% of the circulating supply.
• STARK: On August 15, 64 million STARK tokens worth $31.98 million will be unlocked, representing 4.38% of the circulating supply.
• $ARB: On August 16, 92.65 million $ARB tokens worth $63.26 million will be unlocked, representing 2.77% of the circulating supply.
• $APE: On August 17, 15.60 million $APE tokens worth $12.23 million will be unlocked, representing 2.31% of the circulating supply.
• $ROSE: On August 18, 151 million $ROSE tokens worth $12.57 million will be unlocked, representing 2.24% of the circulating supply.
• PIXEL: On August 19, 54.37 million PIXEL tokens worth $10.17 million will be available, representing 7.05% of the circulating supply.
• $AVAX: On August 20, 9.54 million $AVAX tokens worth $254.96 million will be available, representing 2.42% of the circulating supply.
• OP: On August 31, 31.34 million OP tokens worth $51.40 million will be unlocked, representing 2.79% of the circulating supply.

*This is not investment advice.