ZRO and KAITO set for sizable token unlocks next week, led by a $19.9 million ZRO release
AI Market Summary
Token Unlocks data indicates sizable supply increases next week across several tokens, led by LayerZero (ZRO) unlocking ~25.71M tokens (~4.40% of circulating supply; ~$19.9M) on Aug 20, with KAITO also unlocking ~7.63% (~$11.5M). Such events typically raise near-term liquidity and potential sell pressure as newly released tokens become tradable, elevating volatility around the unlock windows.
Impact level
● Medium
Affected assets
ZRO/USDT-2.93%
AI Insight · ZRO/USDTAI Insight
▼ Bearish
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Token Unlocks data cited by ME News show several major token unlock events lined up for next week, including LayerZero (ZRO), KAITO (KAITO), SOON (SOON) and MBG by MultiBank Group (MBG).
LayerZero will release about 25.71 million ZRO on Aug. 20 at 7:00 p.m. Beijing time, equal to roughly 4.40% of circulating supply and valued at around $19.9 million. KAITO is scheduled to unlock about 32.6 million KAITO on Aug. 20 at 8:00 p.m. Beijing time, or about 7.63% of circulating supply, worth approximately $11.5 million.
SOON will unlock about 20.24 million tokens on Aug. 23 at 4:30 p.m. Beijing time, representing around 3.76% of circulating supply and valued near $3.9 million. MBG by MultiBank Group will unlock about 27.15 million MBG on Aug. 22 at 8:00 p.m. Beijing time, about 6.16% of circulating supply, valued at roughly $2.8 million. (Source: PANews)
