$81.9 Million in Token Unlocks Set for May 5-11 as ENA and SPEC Lead in Volume
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- Over $81.9M worth of tokens are unlocked in a single week as per Tokenomist data.
- ENA leads with $55.79 million while SPEC shows the highest percentage of supply at 42.5%.
- Eight different projects were affected with founders and private investors as primary recipients.
The cryptocurrency market is facing supply-side pressure as more than $81.9 million worth of tokens are scheduled to unlock between May 5 and 11, 2025. According to blockchain analytics firm Tokenomist, ENA tops the list with the largest unlock by volume. The project will release tokens worth $55.79 million, representing 3.1% of its circulating supply.
As per the data, the unlock, scheduled for May 5, makes it the most substantial single-day release of the week. The tokens are designated for both the founding team and private investors, with 6.61% of total ENA tokens being unlocked through this event.
The post $81.9 Million in Token Unlocks Set for May 5-11 as ENA and SPEC Lead in Volume appeared first on Coin Edition.
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