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Major Token Unlocks Scheduled for Aptos, Linea, Cheelee, and BounceBit

Data shows substantial token releases across Aptos, Linea, Cheelee, and BounceBit in early December, potentially affecting circulating supply and market conditions.

APT

Summary

APT, CHEEL, and LINEA are set for major token unlocks this week. Aptos will release 11.31 million APT tokens worth approximately $19.23 million on December 11, Cheelee will unlock 20.81 million CHEEL tokens valued at $10.82 million on December 13, and Linea will issue 1.38 billion tokens worth $10.75 million on December 10. BounceBit will also unlock 29.93 million tokens worth about $2.7 million on December 9. These events represent significant increases in token supply that may influence each project’s market activity.

Terms & Concepts
  • Token Unlock: The release of previously locked cryptocurrency tokens into circulation, often from vesting schedules or funding agreements.
  • APT (Aptos Token): The native cryptocurrency of the Aptos blockchain, used for transaction fees, staking, and governance.
  • Vesting Schedule: A timeline defining when and how locked tokens are gradually released to holders or project teams.