Major Token Unlocks This Week: Arbitrum (ARB) and Starknet (STRK) Lead with Multi-Million Dollar Releases

In a notable week for the cryptocurrency market, a series of significant token unlocks are scheduled, according to data from Token Unlocks. On January 15th, Eigenlayer (EIGEN) will release around 1.29 million tokens at 3:00 AM Beijing time, representing approximately 0.61% of its circulating supply and valued at nearly $3.99 million. Later that day, Starknet (STRK) is set to unlock about 64 million tokens at 8:00 PM, which is 2.65% of its current circulation, equating to around $27.47 million. Additionally, Ethena (ENA) will unveil approximately 12.86 million tokens at 3:00 PM, totaling 0.42% of its supply and worth $11.26 million.

Following these events, Sei (SEI) will unlock nearly 55.56 million tokens at 8:00 AM on January 16th, impacting 1.32% of its circulating supply and valued at $21.19 million. Finally, Arbitrum (ARB) is anticipated to release around 92.65 million tokens at 9:00 PM on the same day, which accounts for 2.20% of its circulating supply, approximately worth $67.63 million. These unlocks are crucial developments that may influence market dynamics and liquidity in the coming days.