Crypto Unlocks Total Over $118 Million Between May 11 and 17

Nine major cryptocurrency unlocks are scheduled to occur between May 11 and 17, with the cumulative total of tokens released reaching over $118 million.

The largest single unlock in terms of dollar value is Pieverse, which is set to release 39.74 million PIEVERSE tokens worth $32.43 million on May 14. This represents a significant percentage of supply at 3.97% and may have a notable impact on the crypto market.

Other notable unlocks include Solayer on May 11, Aptos on May 12, and STBL on May 16, which is expected to see a substantial relative supply increase at 4.17%. The week's releases will add to the overall supply pressure in the market, making it an interesting time for crypto traders to observe.