Foresight News reports that, according to Token Unlocks data, this week HYPE, ENA, and RED will experience large one-time token unlocks, totaling over $300 million in value, including:
Hyperliquid (HYPE) will unlock 9.92 million tokens on March 6, valued at approximately $316 million, accounting for 2.72% of circulating supply;
Ethena (ENA) will unlock 40.63 million tokens on March 2, valued at about $4.21 million, accounting for 0.53% of circulating supply;
RedStone (RED) will unlock 40.85 million tokens on March 6, valued at approximately $6.04 million, accounting for 16.13% of circulating supply;
Optimism (OP) will unlock 19.5 million tokens on March 7, valued at about $2.38 million, accounting for 0.98% of circulating supply.
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