The tokens such as JTO, ADA, and ENA will undergo a large-scale unlocking this week
According to Token Unlocks data, this week will see significant one-time token unlocks for JTO, ADA, and ENA, totaling over $500 million in value, including:
Jito (JTO) will unlock 135 million tokens on December 8th at 0:00 Singapore Time, valued at approximately $518 million, representing 103.03% of its circulating supply;
Cardano (ADA) will unlock 18.53 million tokens on December 6th at 8:00 Singapore Time, valued at approximately $21.31 million, representing 0.05% of its circulating supply;
Ethena (ENA) will unlock 12.86 million tokens on December 4th at 15:00 Singapore Time, valued at approximately $10.61 million, representing 0.45% of its circulating supply;
Bitget Token (BGB) will unlock 5.38 million tokens on December 10th at 8:00 Singapore Time, valued at approximately $8.6 million, representing 0.38% of its circulating supply.
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.
You may also like
Cronos extends deadline for CanAdelaar acquisition to Oct. 15, 2026
Skye Bioscience CEO Punit Dhillon takes over CFO duties after John Sharp resigns
Fury Gold Mines highlights Eau Claire PEA with after-tax NPV5% of C$554 million, IRR 41%
ARMOUR Residential REIT declares September common dividend of $0.24 per share