$221M in Crypto Token Unlocks Hit Markets This Week as Bitcoin Holds Near $71,000
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- Four cliff unlocks totaling $42 million hit markets this week, led by CONX and ARB.
- DBR will release 12.9% of adjusted supply this week, making it the highest percentage unlock.
- Rain Protocol releases 9.5 billion tokens worth $75 million in daily linear unlocks.
Crypto markets are navigating another heavy unlock week. Between April 13 and April 20, over $221 million worth of tokens are scheduled to enter circulation across both one-time cliff releases and ongoing daily linear unlocks, according to data from Tokenomist.
The market traded slightly lower but remained broadly stable. Bitcoin is trading around $70,872, Ethereum at $2,190, and XRP at $1.33. Total crypto market cap sits at $2.41 trillion, with the Fear and Greed Index at 42, indicating neutral sentiment with a slight lean toward bearish.
Cliff Unlocks to Watch
Four tokens are releasing significant o…
Read The Full Article $221M in Crypto Token Unlocks Hit Markets This Week as Bitcoin Holds Near $71,000 On Coin Edition.
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