Arbitrum (ARB) Token Unlock: 92.65 Million Tokens Worth $30.2M Set for June 16 Release

According to Token Unlocks data reported by COINOTAG News on June 16, several prominent cryptocurrencies including Arbitrum (ARB), ApeCoin (APE), Fasttoken (FTN), and Sonic (S) are scheduled for significant token unlock events this week. These unlocks represent notable percentages of their respective circulating supplies, potentially impacting market liquidity and investor sentiment.

Specifically, Arbitrum (ARB) is set to release approximately 92.65 million tokens at 9:00 PM Beijing time on June 16, accounting for 1.91% of its circulating supply, with an estimated market value of $30.2 million. Following this, ApeCoin (APE) will unlock around 15.6 million tokens at 8:30 PM Beijing time on June 17, representing 1.95% of its circulating supply and valued near $10.36 million.

On June 18, Fasttoken (FTN) will unlock approximately 20 million tokens at 8:00 AM Beijing time, constituting 4.65% of its circulating supply and valued at roughly $89 million. Concurrently, Sonic (S) will unlock about 47.63 million tokens at the same time, equivalent to 1.65% of its circulating supply and valued at $15.72 million. Market participants should monitor these events closely for potential shifts in token dynamics.