🚨 Major Token Unlock Events Incoming: What to Watch This Week | August 3 Update 🚨

According to the latest data from Token Unlocks, several high-profile cryptocurrencies are set for significant unlocks next week, potentially introducing substantial volatility across markets. Here's a breakdown of the key events:
🔓 August 4
• $IOTA – 8.63M tokens unlocking (~0.22% of supply), worth $1.60M
• GoGoPool ($GGP) – 750K tokens unlocking (~10.6% of supply), valued at $1.20M
🔓 August 5
• Ethena ($ENA) – 172M tokens unlocking (~2.7% of supply), valued at $95.80M
• Spectral ($SPEC) – 3.62M tokens unlocking (~17.57% of supply), worth $1.80M
🔓 August 6
• Heroes of Mavia ($MAVIA) – 11.89M tokens unlocking (~23.03% of supply), worth $1.90M • EigenCloud (formerly EigenLayer) – 1.29M tokens unlocking (~0.4% of supply), valued at $1.40M
🔓 August 8
• Immutable ($IMX) – 24.52M tokens unlocking (~1.3% of supply), totaling $12.20M • Space and Time ($SXT) – 24.64M tokens unlocking, worth $2.00M
🔓 August 9 • Movement ($MOVE) – 50M tokens unlocking (~1.89% of supply), valued at $6.50M
🔓 August 10 • Render ($RENDER) – 492K tokens unlocking (~0.09% of supply), worth $1.70M
🧠 What It Means for Traders Large unlocks can add sell pressure, especially when a significant percentage of the circulating supply is released. Keep a close eye on $ENA, $MAVIA, and $SPEC, as they represent higher proportions of token unlocks and may drive sharper market reactions.
📊 Stay informed and adjust your strategies accordingly.
#Crypto #TokenUnlocks #ENA #IMX #MOVE