Crypto market braces for $4.7 billion token unlocks this September
- The cryptocurrency market is poised for a wave of token unlocks in September, totaling $4.7 billion.
- Tokenomist data shows that the increased supply comprises $1.2 billion of cliff unlocks and $3.5 billion of linear unlocks.
- SUI, Aptos and Arbitrum are scheduled to increase their circulating supply with $292 million unlocks next week.
The crypto market is set for a whopping $4.7 billion token unlocks in September, with projects including Sui (SUI), Aptos (APT), Arbitrum (ARB) and Ethena (ENA) leading the highest supply injection in the month, according to data from Tokenomist.
Crypto market set for $4.7 billion token unlocks in September
Crypto projects are set to release $4.7 billion worth of locked tokens into…