Arbitrum Will Unlock $1.2B ARB in March 2024: Token Unlocks

Ethereum layer 2 scaling solution Arbitrum will release over $1 billion worth of ARB tokens in March next year, kicking off a four-year period of staggered unfreezing of its native digital asset, according to data source Token Unlocks. On March 16, the protocol designed to offer scalable and low-cost smart contract capabilities will “cliff unlock” … Read more

Metaverse Platform Sandbox Transferred Out 60M SAND Ahead of Monday’s $133M Token Unlock

332 million SAND tokens will be unlocked Monday, worth $133 million. SAND’s 24-hour trading volume at press time stands at $74.9 million, per CoinGecko. 60 million SAND tokens were transferred out of the multisig Sandbox Genesis smart contract one week ago, according to block explorer Etherscan, a sign that the unlock had already begun. Metaverse … Read more