Ramazan Eles 
The crypto market is gearing up for another significant month of token unlocks, with over $800 million worth of tokens scheduled to be released in August. This surge in token supply will undoubtedly have a significant impact on market dynamics and investor sentiment.
Among the most notable unlocks is a massive $254.5 million worth of AVAX tokens set to be released on August 20th. Avalanche, a popular layer-1 blockchain platform, has seen substantial growth in recent months, and this upcoming unlock could further fuel its momentum or introduce some selling pressure.
Other significant token unlocks in August include:
Wormhole: $154 million on August 3rd
Aptos: $74.6 million on August 12th
The Sandbox: $66.2 million on August 14th
Arbitrum: $63 million on August 16th
Optimism: $51 million on August 31st
IMX: $46 million on August 9th
SUI: $46 million on August 1st
STRK: $31 million on August 15th
ZETA: $30 million on August 1st