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Arbitrum, Solana Among Crypto Token Unlocks Worth More Than $221 Million This Week

Arbitrum, Solana Among Crypto Token Unlocks Worth More Than $221 Million This Week

  • Major cryptocurrency projects are set for large token unlocks over the next week, raising the prospect of greater market supply pressure.
  • More than $221 million of unlocked tokens is due from CONX, Arbitrum (ARB), deBridge, Easy Money, Solana (SOL) and Dogecoin (DOGE), among others.
  • Unlocks can add short-term selling pressure and affect broader market liquidity, though not all tokens are sold immediately.

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Photo: Wu Blockchain
Photo: Wu Blockchain

Major cryptocurrency projects are set for large token unlocks over the next week, raising the prospect of additional supply pressure across the market.

Tokenomist data cited by Wu Blockchain on July 12 showed that large cliff unlocks worth…

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