Significant Token Unlocks Expected Next Week

Several cryptocurrencies are slated for substantial token unlocks next week. On May 13 at 2 a.m. UTC+8, Aptos (APT) will release approximately 11.31 million tokens, representing 1.82% of its circulating supply, valued at around $67.5 million. Arbitrum (ARB) is set to unlock about 92.65 million tokens on May 16 at 9 p.m. UTC+8, accounting for 1.95% of its supply, worth roughly $42.7 million. Avalanche (AVAX) will see an unlock of around 1.67 million tokens on May 17 at 8 a.m. UTC+8, representing 0.4% of its current supply, estimated to be worth about $41.3 million.