BeInCrypto lists the five major token unlocking events in November, which will bring a large amount of circulating assets to the market. According to Tokenomist data, the total unlocking this month is close to $1 billion, most of which are "cliff unlockings", which are usually released on a weekly, monthly or annual basis, which may increase the risk of selling pressure.
The main unlocking events are as follows:
・Memecoin (MEME): On November 3, 3.45 billion MEME were unlocked, and 10.71 million tokens were added to the circulating supply every day.
・Aptos (APT): On November 11, 11.31 million APT were released, accounting for 2.18% of the total supply, worth about $108.8 million.
・Arbitrum (ARB): On November 16, 92.65 million ARB were unlocked, worth about $48.58 million,
accounting for 2.33% of the circulating supply.
・Avalanche (AVAX): On November 18, 1.67
million AVAX was unlocked, worth approximately $40.82 million, for ecosystem development and
operations.
・Optimism (OP): On November 30, 31.34 million OP was unlocked, worth
approximately $49.52 million, accounting for 2.5% of the circulating supply.
In addition, projects such as Starknet (STRK), Immutable (IMX) and ApeCoin (APE) will also be unlocked in November.
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