What to Know About This Week’s $476 Million Token Unlocks

Crypto investors face another eventful week as over $476 million in tokens unlock across multiple networks. Major projects, including Linea (LINEA), Aptos (APT), and Avalanche (AVAX), will lead the unlock wave.

These events could inject volatility and influence price movements in the short term. Here is a breakdown of what to look out for in each project.

1. Linea (LINEA)

Unlock Date: November 10

Number of Tokens to be Unlocked: 2.88 billion LINEA (4% of Total Supply)

Current Circulating Supply: 15.78 billion LINEA

Total supply: 72 billion LINEA

Linea is a zkEVM Layer-2 scaling solution for Ethereum (ETH). The network provides fast, low-cost transactions while maintaining compatibility with Ethereum tools and security.

On November 10, the project will release 2.88 billion tokens valued at approximately $37.9 million. This represents 16.44% of the circulating supply.

LINEA Crypto Token Unlock in November. Source: Tokenomist

Linea will split the supply into three ways: 600.08 million tokens for long-term alignment, 480.07 million LINEA for Ignition, and 1.8 billion tokens for future airdrops.

2. Aptos (APT)

Unlock Date: November 11

Number of Tokens to be Unlocked: 11.31 million APT (0.96% of Total Supply)

Current Circulating Supply: 720.79 million APT

Total supply: 1.18 billion APT
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Aptos is a Layer-1 blockchain platform designed for scalability, security, and efficiency in decentralized applications (dApps) and Web3 ecosystems. It utilizes the Move programming language to enable high-throughput transactions and smart contract execution.

The team will release 11.31 million tokens on November 11, following its pattern of monthly cliff unlocks. The supply is worth $36.53 million, representing 0.43% of the released supply.

APT Crypto Token Unlock in November. Source: Tokenomist

The team will award 3.96 million APT to core contributors. The community and investors will get 3.21 million and 2.81 million tokens, respectively. Lastly, Aptos will give 1.33 million tokens to the foundation.

3. Avalanche (AVAX)

Unlock Date: November 15

Number of Tokens to be Unlocked: 1.67 million AVAX (0.23% of Total Supply)

Current Circulating Supply: 427 million AVAX

Total supply: 720 million AVAX

Avalanche is a high-performance, open-source Layer-1 blockchain. It uses a unique three-chain architecture (X-Chain, C-Chain, P-Chain), providing scalability, speed, and security for dApps, DeFi, and other use cases.

On November 15, Avalanche will unlock 1.67 million AVAX, worth around $29.84 million. The tokens represent 0.33% of the circulating supply, and the foundation will receive the entire unlocked supply.

AVAX Crypto Token Unlock in November. Source: Tokenomist

In addition to these, other prominent unlocks that investors can look out for in the second week of November include Connex (CONX), Arbitrum (ARB), and Starknet (STRK).

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