On March 16th, Arbitrum will unlock 1.11 billion $ARB tokens, equivalent to over $2 billion USD based on the current price of $ARB, which is approximately $2.05.
The number of tokens being unlocked accounts for 87% of the circulating supply and the market cap of Arbitrum. Currently, the market cap of $ARB is around $3 billion USD.
Specifically, out of the 1.11 billion tokens being unlocked:
- Team and Advisors: 673 million tokens, comprising over 50% of the tokens being unlocked in this phase.
- Investors: 438 million tokens worth nearly $1 billion USD.
Following this large unlocking event, Arbitrum will likely enter a phase of stable token distribution, occurring every four weeks throughout the year. Specifically, on the 16th of each month, with a significant portion allocated to investors and team members. Show Less
