Weekly Token Unlocks: BGB Unlocks Tokens Worth Approximately $510 Million
- Core Viewpoint: Multiple major crypto projects will undergo large-scale token unlocks this week, with Bitget Token's unlock amount being the highest, exceeding $500 million, which could significantly impact market liquidity.
- Key Elements:
- Bitget Token (BGB): Unlocking 140 million tokens, valued at approximately $510 million. It is an exchange platform token with the largest unlock scale.
- EigenLayer (EIGEN): Unlocking 36.82 million tokens, valued at approximately $12.33 million. This protocol is a core project in the Ethereum restaking track.
- Humanity Protocol (HUMAN): Will undergo two unlocks, totaling approximately 194 million tokens, with a total value of about $28.86 million. The project focuses on decentralized identity verification.
- Market Impact: Large-scale unlocks typically increase market circulating supply and may exert selling pressure on the short-term price of the related tokens.
Bitget Token
Project Twitter: https://x.com/bitget
Project Website: /
This Unlock Amount: 140 million tokens
This Unlock Value: Approximately $510 million
The official token of the Bitget exchange.
The specific release schedule is as follows:
EigenLayer
Project Twitter: https://x.com/eigenlayer
Project Website: https://www.eigenlayer.xyz/
This Unlock Amount: 36.82 million tokens
This Unlock Value: Approximately $12.33 million
EigenLayer is a protocol built on Ethereum that introduces the concept of restaking, a new primitive in cryptoeconomic security. This primitive allows for the restaking of ETH at the consensus layer. Users who have staked ETH can opt into EigenLayer smart contracts to restake their ETH and extend cryptoeconomic security to other applications on the network.
The specific release schedule is as follows:
Humanity
Project Twitter: https://x.com/Humanityprot/
Project Website: https://www.humanity.org/
This Unlock Amount: 105 million tokens
This Unlock Value: Approximately $17.48 million
Humanity Protocol is a Sybil-resistant blockchain network that provides developers with a unique human identity verification mechanism and grants users full ownership of their data and identity.
The specific release schedule is as follows:
Humanity
Project Twitter: https://x.com/Humanityprot/
Project Website: https://www.humanity.org/
This Unlock Amount: 88.91 million tokens
This Unlock Value: Approximately $11.38 million
Humanity Protocol is a Sybil-resistant blockchain network that provides developers with a unique human identity verification mechanism and grants users full ownership of their data and identity.
The specific release schedule is as follows:
