Over $230 Million in Insider Token Unlocks Expected This Week

This week’s scheduled insider token unlocks are poised to reach over $230 million in value, based on data from Tokenomist. The releases, which involve tokens held by founding teams, private investors and early project participants, are expected to significantly impact the circulating supply of several cryptocurrencies. FTN leads with a projected $89 million unlock, representing just 4.66% of its circulating supply. This is notable because 90% of FTN’s total supply has already been unlocked, suggesting a more mature emission schedule. However, the percentage of new supply entering circulation for other tokens on the list will vary, potentially affecting market responses differently. ZRO and ZK are poised for substantial increases in circulating supply, releasing $46.40 million and $37.90 million respectively, representing 20.25% and 20.91% of their current supplies. Both releases carry significant implications due to the large size of these unlocks coming at relatively low previous unlock percentages. In contrast, other projects such as ARB, ID, and MELANIA will see smaller releases – $31.63 million, $7.94 million, and $6.61 million respectively. While the total value of these releases is significant, their impact on market sentiment might differ based on their individual unlocking percentages.