Bitget Futures Market Updates: $900M in Vested Tokens Set to Be Released in February
Bitget2024/02/06 06:33
By:Bitget
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Token Unlocks reports that approximately $900 million in tokens will be released this month, including Avalanche (AVAX), Aptos (APT), The Sandbox (SAND), Optimism (OP), and Sui (SUI). Avalanche leads with the largest release of 9.5 million tokens valued at $320 million on February 22. Aptos will release 24.8 million tokens worth $233 million on February 11, primarily allocated to contributors and investors. The Sandbox will unlock 209 million tokens valued at $90 million on February 14, with a significant portion allocated to reserves. Additionally, Optimism will release 24 million OP tokens worth approximately $70 million to its core contributors and investors on February 29. Meanwhile, Sui will unlock $53 million in tokens for its community access program.
The sudden increase in token circulation can potentially impact
crypto prices.
Source:
Cointelegraph
Futures Market Updates
The
futures markets both saw increases in 24H volume and total open interest. Major cryptocurrencies such as BTC and ETH still dominate the market. Both BTC and ETH markets maintained relatively balanced long/short ratios.
Bitcoin Futures Updates
Total BTC Open Interest: $17.87B (+2.03%)
BTC Volume (24H): $33.99B (+58.75%)
BTC Liquidations (24H): $13.83M (Long)/$11.87M (Short)
Long/Short Ratio: 52.02%/47.98%
Funding Rate: 0.0100%
Ether Futures Updates
Total ETH Open Interest: $7.73B (+1.83%)
ETH Volume (24H): $13.11B (+31.55%)
ETH Liquidations (24H): $8.20M (Long)/$5.23M (Short)
Long/Short Ratio: 50.32%/49.68%
Funding Rate: 0.0076%
Top 3 OI Surges
CEEK: $955.82K (+313.06%)
LSK: $18.60M (+199.76%)
COTI: $11.42M (+121.16%)
1
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like

AeroVironment Quarterly Earnings, Revenue Unexpectedly Increase; Maintains Full-Year Outlook
MT newswire•2026/09/10 11:15
Trump’s $5,000 “Dividend” Could Spark a Massive Risk-On Rally, but Inflation May Erase the Gains
Coinedition•2026/09/10 10:57

XRP slide as bearish derivatives data limits recovery
Coinjournal•2026/09/10 10:54

Crypto prices
MoreBitcoin
BTC
$77,958.16
-1.39%
Ethereum
ETH
$2,466.81
-1.09%
Tether USDt
USDT
$0.9997
-0.01%
BNB
BNB
$718.23
-4.19%
XRP
XRP
$1.38
-2.99%
USDC
USDC
$0.9999
-0.01%
Solana
SOL
$101.36
-2.35%
TRON
TRX
$0.3403
+0.34%
Hyperliquid
HYPE
$83.19
-3.12%
Zcash
ZEC
$1,232.8
-2.25%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now