Arbitrum to Experience its First Large-Scale Unlocking! 2.3 Billion Euros Unleashed in a Single Release

Arbitrum to Experience its First Large-Scale Unlocking! 2.3 Billion Euros Unleashed in a Single Release

Arbitrum to Experience its First Large-Scale Unlocking! 2.3 Billion Euros Unleashed in a Single Release

This week, Aptos, Arbitrum, and APE will see token unlocks worth over tens of millions of dollars. The most important event to pay attention to is the Arbitrum (ARB) token unlock on March 16, as this will be the project’s first large-scale unlock since its issuance.

According to Token Unlock data, this unlock is expected to release 1.11 billion ARB tokens, with a total value of over $2.3 billion at the current price. Of this, tokens unlocked by investors are worth approximately $890 million, while the shares unlocked by the team and advisors account for around $1.37 billion.

Such a massive sell-off poses a significant uncertainty for investors. Looking at the price performance of high-market-value L2 tokens in the past week, it is evident that ARB has performed the worst, with almost no significant increase, indicating that investors in the market are all waiting for the upcoming token unlock event on March 16.

(This article is authorized and reprinted from GT Radar)

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