Arbitrum to unlock $1.24 billion worth of ARB tokens on March 16, 2024
2023/08/19 21:55
Token Unlocks has announced that on March 16, 2024, 1.11 billion ARB tokens, worth $1.24 billion at a market price of $1.12, will be unlocked. This represents 87% of the token's circulating supply of 1.275 billion. As of the time of writing, over 5 billion ARB tokens are still locked. Additionally, Token Unlocks stated in a tweet that after the March 16th unlock, more ARB tokens will be unlocked on the 16th of every month for the next 4 years.
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