Avantis to unlock about 29.25 million AVNT tokens at 2:00 PM on August 9
AI Market Summary
Avantis (AVNT) will unlock ~29.25M tokens on Aug 9 (estimated ~$2.43M), increasing circulating supply as part of a pre-set emissions schedule. While the event does not signal a change in fundamentals or product milestones, the added float can tighten near-term supply/demand balance and raise volatility, particularly if recipients sell into market liquidity on major venues such as BingX.
Impact level
● Medium
Affected assets
AVNT/USDT-2.07%
AI Insight · AVNT/USDTAI Insight
▼ Bearish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Avantis (AVNT) is set to unlock about 29.25 million tokens at 2:00 PM on August 9. The release is part of the project’s scheduled token distribution plan. The unlocked tokens are valued at about $2.43 million, according to Web3 asset data platform RootData, as cited by ChainCatcher.
