YZY, ARB and APT lead major token unlocks scheduled for Aug. 10-16

A slate of crypto token unlocks is scheduled for Aug. 10-16, with more than $605.5 million in previously locked tokens due to enter the market over the week. YZY is set for one of the most closely watched releases, with 120.83 million tokens worth about $35.22 million scheduled to unlock on Aug. 16, equal to 22.83% of released supply. Connex is due to unlock 1.32 million CONX worth about $11.55 million on Aug. 15, while Arbitrum will release 92.65 million ARB worth about $7.19 million on Aug. 16, representing 1.61% of released supply. The schedule also includes Aptos, Starknet, Sei and Linea. Token unlocks are closely monitored because they increase tradable supply and can affect liquidity and short-term price action depending on market conditions, holder behavior and how the newly available tokens are allocated.

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