This week, several cryptocurrencies are set to undergo significant token unlock events. On May 5, ENA will release approximately 171 million tokens, valued at $17.28 million, accounting for 2.12% of its circulating supply. OPN will unlock around 32.09 million tokens, valued at $5.45 million, representing 12.22% of its supply. HYPE will also see a token unlock on the same day, valued at $17.51 million, which is 0.11% of its circulating supply.
Further unlocks include RED, which will release about 40.85 million tokens on May 7, valued at $5.54 million, or 12.20% of its supply. BB will unlock approximately 2.993 million tokens, valued at $1.06 million, representing 2.81% of its supply. On May 8, SXT will unlock 387 million tokens, valued at $5.96 million, making up 23.20% of its supply. Finally, MOVE will release 164 million tokens on May 9, valued at $2.89 million, representing 4.69% of its supply.
Major Token Unlocks Scheduled for ENA, OPN, HYPE, and Others This Week
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