What does the unlocking of 1 billion tokens this week mean for investors

Coin World Report:
ENS and Aptos are part of the main projects unlocking tokens this week. Approximately $1 billion will be unlocked.
In July, a significant token unlocking event is set to take place, with tokens worth around $1 billion planned to be unlocked this week. Given the recent volatility in the cryptocurrency market, this week’s event carries greater significance.
Token Unlocking Initiated
According to the latest data from CryptoRank, this week marks the beginning of a significant event in July, with tokens worth approximately $1 billion being unlocked. The impact of each asset’s unlocking on the total supply varies, highlighting the need for careful analysis.
Earlier this week, AMBCrypto reported that different projects in July would release tokens worth around $3 billion.
Potential Impact of Token Unlocking Events
The potential market impact of these unlockings will largely depend on the actions taken by the recipients of these tokens. If many people immediately sell their assets, it could increase market supply and lower prices.
Conversely, if recipients hold onto the tokens, the expected increase in market supply may not materialize. This could stabilize or even raise prices.
Furthermore, given the recent instability, these dynamics make the upcoming events key points of observation for investors and analysts.
Highlights of Some Major Unlockings
According to recent data, significant unlocking events are planned for this week involving well-known brands like Aptos and Ethereum Name Service (ENS).
Specifically, Aptos is set to unlock approximately 11.33 million APT tokens. Additionally, these tokens account for about 2.50% of Aptos’ total market value, amounting to around $66 million.
At the time of writing, Aptos has a market value of approximately $2.7 billion. Furthermore, the trading price of APT is around $6.
Furthermore, Ethereum Name Service (ENS) plans to unlock its tokens on July 8th. This event will issue 146 million ENS tokens, accounting for about 4.58% of the total supply.
The value of these tokens is estimated to exceed $35 million.
Moreover, as of the latest data, ENS has a market value of about $798 million. Additionally, its trading price is over $25, with a growth rate exceeding 2%.