Major Token Unlocks Scheduled for RED, HYPE, ENA Next Week
Significant token unlocks are set to occur next week for several cryptocurrencies, including RedStone (RED), Hyperliquid (HYPE), and Ethena (ENA). RedStone will release approximately 40.85 million tokens, valued at $6.2 million, on March 7th, representing 16.13% of its circulating supply. Hyperliquid will unlock 173,000 tokens worth $5.4 million on March 6th, accounting for 0.04% of its supply. Ethena will release 40.63 million tokens, valued at $4.3 million, on March 2nd, representing 0.53% of its supply. Additionally, Optimism (OP) will unlock 19.5 million tokens worth $2.4 million on March 7th, making up 0.98% of its circulating supply.
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