Crypto Token Unlocks Fall 52% in August to $3B

Crypto token unlocks are expected to fall sharply to $3 billion in August, down around 52% from the $6.3 billion in value unlocked in July, according to vesting data tracker Tokenomist. 

Despite the overall decrease, several high-profile unlocks could still impact prices. The biggest unlocks include Sui (SUI), Fasttoken (FTN), Aptos (APT), Avalanche (AVAX) and Arbitrum (ARB).

Sui will release $167.62 million in vested tokens on Aug. 1, making it the largest scheduled token unlock for the month. This could be impactful, as the token has a very high…