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May 2024 is set to witness significant cryptocurrency token unlocks totaling over $3 billion. The largest unlock involves the DeFi Oracle network, PythNetwork, which will release approximately 2.13 billion $PYTH tokens valued at around $1.24 billion on May 20. Other notable unlocks include $SUI with $1.01 billion on May 3, $AVAX at $334 million on May 22, and $MEME at $147 million on May 3. Additional unlocks are scheduled for $DYDX, $APT, $NGL, $SEI, $STRK, $UNI, among others, contributing to the substantial total of approximately $3 billion.
Large token unlocks next month 👇🏼 🔴 $PYTH - $1.26B 🔴 $SUI - $1.01B 🔴 $AVAX - $334M 🔴 $MEME - $147M 🔴 $DYDX - $73M 🔴 $APT - $103M 🔴 $NGL - $21M 🔴 $SEI - $75M 🔴 $STRK - $82M 🔴 $UNI - $67M 🔴 $ARB - $105M 🔴 $LMWR - $58M 🔴 $IMX - $55M 🔴 $ACE - $17M 🔴… https://t.co/x6E7hLE6rD
$2B OF TOKEN UNLOCKS TO COMMENCE NEXT MONTH Which projects could possibly see sell pressure? - DeFi Oracle network @PythNetwork will see 2.13B $PYTH tokens flood the market. At current prices, the unlock will be with roughly $1.24 billion on May 20th - PYTH's unlock is known… https://t.co/Z7tvzpZM3E https://t.co/gdXc9QZtqt
$2B OF TOKEN UNLOCKS NEXT MONTH TO COMMENCE Which projects could possibly see sell pressure? - DeFi Oracle network @PythNetwork will see 2.13B $PYTH tokens flood the market. At current prices, the unlock will be with roughly $1.24 billion on May 20th - PYTH's unlock is known… https://t.co/gdXc9QZtqt
