AVAX will add $196 million to its circulating supply, the largest among next week's crypto token unlocks.
AVAX holders have experienced nearly a 50% loss year-to-date following consecutive price dips.
Token Unlocks data for next week reveals that several tokens will add $200 million to their circulating supply.
ROSE and PIXEL will add $8 million and $7 million to their circulating supply, respectively.
Avalanche (AVAX) is set for a heavy injection into its circulating supply, accounting for 98% of the $200 million token unlocks set for next week. The unlocks could trigger a massive correction for AVAX, which has already been down over 47% since the beginning of the year.
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