This Week, there are Unlocking Worth $175 Million in 8 Altcoins: 2 of Them Stand Out! - Coin Bulletin

This week, unlocking worth millions of dollars will take place in a total of 8 altcoins.

According to Token Unlocks data, between 13-19 January, the unlocking of more than 175 million dollars will occur in a total of 8 altcoin projects, including Ethena (ENA), EigenLayer (EIGEN), and Sei (SEI).

In general, the release of more than 1% of the circulating supply during token unlocks has a significant negative impact on the price. In this regard, the upcoming week is important for the unlocks of Starkent (STRK), Arbitrum (ARB), and ApeCoin (APE).

Pay attention to ARB and STRK!

Especially noteworthy is the 65 million dollars worth of 92 million key openings at ARB, with a 2.25% circulating supply.

The $26 million unlock in STRK needs to be considered with a 2.65% supply rate.

The cryptocurrencies whose lock opening will be done are as follows:

• Ethena (ENA): The lock-up of 12 million assets worth $10 million will be released as of 15 January at 11.00 (GMT). 0.42% of the circulating supply will be released.
• Starknet (STRK): The lock of 64 million assets worth 26 million dollars will be opened as of 15 January 15.00 GMT. 2.65% of the circulating supply will be released.
• Sei (SEI): The lock of 55 million assets worth 20 million dollars will be opened as of 19:00 GMT+3 on January 15th. 1.50% of the circulating supply will be released.
• Arbitrum (APT): Locks on 92 million assets worth 65 million dollars will be released next week. Lock release operations will start at 03:00 GMT+3 on January 16th. 2.85% of the circulating supply will be freed.
• EigenLayer (EIGEN): The lock of 1.2 million assets worth 3.8 million dollars will be released as of 17.00 on January 16th. 2.20% of the circulating supply will be released. **ApeCoin (APE): $16 million worth 15 million assets will be unlocked over the next week. Unlocking will start on January 17 at 12:00 CET. 2.15% of the circulating supply will be released.
• Echelon Prime (PRIME): The lock of 740,000 assets worth 9 million dollars will be released as of 17.00 GMT on January 17th. 1.2% of the circulating supply will be freed.
• Astar (ASTR): The lock of 9 million assets worth $560,000 will be opened at 19.00 GMT+3 on January 17th. 0.17% of the circulating supply will be released.
• Moca Network (MOCA): The lock of 2 million assets worth $500,000 will be released as of 8:00 PM on January 17th. 0.37% of the circulating supply will be released.