Token Unlocks Begin, Hyperliquid, Sui, and Ethena Stand Out
This week, many projects in the cryptocurrency market will experience token unlocks. The largest unlock will take place on September 6 at Hyperliquid (HYPE), where approximately 9.92 million HYPE tokens will be unlocked. The value of these tokens is around 824 million dollars. However, it is noted that there may be a discrepancy between the planned amount and the amount of tokens requested. In past unlocks, it was observed that not all tokens were requested at the same time.
Ethena will have token unlocks on two different dates this week. On September 2, approximately 40.63 million ENA tokens will be unlocked, with a value of around 6.05 million dollars. Together with other distributions on September 5, Ethena's total unlock size will reach approximately 34 million dollars.
At Sui, approximately 13.53 million SUI tokens will be unlocked on September 1, with a value of around 9.73 million dollars. The unlock will be carried out as part of Sui's ongoing vesting program.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
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