Token Unlocks Impacting Aptos, Eigen, and Optimism: What Traders Need to Know
Token Unlocks Overview for This Week
Aptos (APT), Eigen Layer (EIGEN), and Optimism (OP) will see major token unlocks this week, impacting their market dynamics significantly.
Aptos (APT) Unlock Details
Aptos is unlocking nearly $100 million worth of tokens, which comprises 50% of the total unlocks this week. The release set for October 11, will distribute 11.31 million APT to various stakeholders, contributing to increased market supply.
Unlocks of Eigen Layer and Optimism
- Eigen Layer (EIGEN): Unlocking 9.93 million tokens valued at $31.88 million on October 8.
- Optimism (OP): Unlocking 8 million tokens worth $12.72 million on October 10.
Given these substantial unlocks, traders are advised to avoid these cryptocurrencies during this period, as the heightened supply may result in significant market volatility.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.