Weekly token unlocks: About $337.61 million due, led by AKE and ZRO

About $337.61 million in token unlocks is scheduled for the cryptocurrency market this week.

From Oct. 19 through Oct. 25, scheduled unlocks total about $337.61 million. The largest daily release is set for Oct. 21, when approximately $94.88 million worth of tokens will be unlocked.

Oct. 19 ($21.32 million): ZK | MERL

Oct. 20 ($71.22 million): ZRO | KAITO | SAPIEN

Oct. 21 ($94.88 million): PLUME | AKE | GWEI | SKR

Oct. 22 ($34.65 million): HYPER | RIVER

Oct. 23 ($27.02 million): BLESS | MET | AVNT | AT | ANIME | SPACE

Oct. 24 ($32.45 million): NIL | DOLO | INIT | ON

Oct. 25 ($56.07 million): IRYS | ALT | H | PRL | XPL | TAKE

The five largest scheduled project unlocks by value are Akedo Games (AKE) at $63.26 million, LayerZero (ZRO) at $47.26 million, Plasma (XPL) at $17.51 million, Humanity Protocol (H) at $15.32 million and Orochi Network (ON) at $6.22 million.

By unlock value relative to market capitalization, the top five are Orochi Network (ON) at 33.69%, Humanity Protocol (H) at 12.72%, Akedo Games (AKE) at 9.25%, Sapien (SAPIEN) at 9.19% and Hyperlane (HYPER) at 8.14%.

Venture capital token unlock schedule [Editor's note] A token unlock releases assets that were previously restricted from circulation for a set period. Such events can increase supply and liquidity, potentially adding selling pressure and affecting price volatility and market sentiment. The schedule above excludes undisclosed projects.

This article is based on market data and does not constitute investment advice.