Data: AVAX worth $380 million will be unlocked in one go this week

According to ChainCatcher news, data from Token Unlocks shows that this week, tokens such as AVAX, ID, and DYDX will experience a one-time large unlock, totaling over $400 million in value. Among them:

• AVAX (Avalanche) will unlock 9.54 million tokens on February 22 at 8 AM, valued at approximately $383 million, accounting for 2.6% of the circulating supply;

• ID (SPACE ID) will unlock 18.49 million GAL tokens on February 22 at 8 AM, valued at approximately $10.73 million, accounting for 4.29% of the circulating supply;

• DYDX (dydx) will unlock 575,000 tokens on February 20 at 11 PM, valued at approximately $1.78 million, accounting for 0.19%; a total of 2.16 million tokens will be unlocked this week, valued at $682, accounting for 0.72% of the circulating supply.

In addition, ACA (Acala) and 1inch (1INCH) will also see token unlocks worth hundreds of thousands of dollars this week. STRK (Starknet) will also have token release/distribution on February 20 at 8 AM.