Unlock Events Set to Influence Market Trends
Investors are closely watching a series of token unlock events set to release a substantial value of assets into circulation, with ImmutableX, 1INCH, and dYdX leading the charge with unlocks totaling $105 million. ImmutableX is set to release 37.49 million IMX tokens, while 1INCH is preparing for an unlock of 81.06 million tokens, and dYdX will unlock assets valued at $24.8 million. Other notable unlocks include SUI, Axelar, Orbler, Skale, Hedera, Vulcan Forged, Aurora, StakeWise, Solend, Santos FC Fan Token, Ondo Finance, Hooked Protocol, Orbs, and Biconomy. These events often bring a mix of anticipation and caution within the crypto market, with investors and traders closely watching their potential impact on individual asset prices and the broader market.
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