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.
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Data: BitMine currently holds approximately 3.56 million ETH, with an unrealized loss of $2.98 billion.