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Arbitrum’s Upcoming $48.5M Token Unlock Sparks Price Volatility Concerns

Coinedition LogoCoinedition2w ago

Arbitrum’s Upcoming $48.5M Token Unlock Sparks Price Volatility Concerns - Coinedition

Quick Summary:

Token Unlock data shows that 92.65 million ARB tokens, worth roughly $48.5 million, will be released, primarily to the Arbitrum team, advisors, and investors.

Arbitrum is approaching another major token unlock, scheduled for November 16th, 2024.

This event has sparked considerable interest due to the price volatility seen after previous unlocks.

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Arbitrum’s Upcoming $48.5M Token Unlock Sparks Price Volatility Concerns - Coinedition (Picture 1)Arbitrum’s Upcoming $48.5M Token Unlock Sparks Price Volatility Concerns - Coinedition (Picture 2)

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Article Details

Author / Journalist: Maxwell Mutuma

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 14:30:00 (2 weeks ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 159 words

Reading Time: 1 minutes read

Sentences: 52 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 23448678

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About Coinedition

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Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 22 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #124

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The story "Arbitrum’s Upcoming $48.5M Token Unlock Sparks Price Volatility Concerns" has 159 words across 52 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "Arbitrum’s Upcoming $48.5M Token Unlock Sparks Price Volatility Concerns" was covered 2 weeks ago by Coinedition, a news publisher based in India.

How trustworthy is 'Coinedition' news outlet?

Coinedition is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 22 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #23448678
  • URL: https://beamstart.com/news/arbitrums-upcoming-485m-token-unlock-1730904690243

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