Cryptocurrency Market August Token Unlocking Total to Decrease to $3 Billion, a 52% MoM Decrease

BlockBeats News, July 30th, according to Tokenomist's data, the total amount of cryptocurrency unlocking is expected to significantly decrease to $3 billion in August, a decrease of about 52% from July's $6.3 billion.

Key unlocking projects include: Sui (SUI), Fasttoken (FTN), Aptos (APT), Avalanche (AVAX), and Arbitrum (ARB). Among them, Sui is set to unlock tokens worth approximately $167.62 million on August 1st, becoming the largest single unlocking event this month. Fasttoken will release tokens worth $91.6 million on August 18th. In addition, Aptos will unlock $51.5 million in tokens, Avalanche will unlock $40.35 million in tokens, and Arbitrum will unlock $39.24 million in tokens.