Token Unlocks Worth $746M Scheduled for Third Week of September
- —LayerZero will unlock 25.71 million ZRO on September 20, worth about $26 million (4.22% of circulating supply)
- —Connex will unlock 1.32 million CONX on September 15, worth about $13.21 million (1.41% of circulating supply)
- —Bedrock will unlock 40.63 million BR on September 20, worth about $12.74 million (18.68% of circulating supply)
- —Unlocks of ARB, STRK, SEI and YZY are also expected
Why it matters: Large unlocks increase token supply and could add selling pressure on their prices in the coming days.
Source: BeInCrypto CN