Arbitrum to Unlock 92.65M ARB Tokens on July 16, Valued at $8.53M

ARB-3.13%
According to AMBCrypto, 92.65 million ARB tokens are scheduled to enter circulation on July 16, valued at approximately $8.53 million and representing 1.65% of the token's currently released supply. The unlocked tokens will be divided between the Arbitrum team, future team members, and advisors (56.13 million ARB), and investors (36.52 million ARB). Token unlocks can influence short-term price movements depending on how recipients manage their holdings.
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