Immutable will start a 28-day linear unlocking on the 22nd, unlocking 1.22 million IMX every day

Starting from February 22, Immutable will begin a 28-day linear unlock, unlocking 1.22 million IMX tokens per day, which is worth $3.66 million according to the current price. These allocations will be used for ecosystem and project development funds as well as private token sales. Based on the current price, this means that nearly $29.3 million worth of 9.76 million IMX tokens will be unlocked by the end of February, accounting for 1% of the current circulating supply.

In addition, on February 28, 1.66 million PRIME tokens related to Parallel will be unlocked, which is worth approximately $16.1 million at the current price, accounting for less than 5% of the current circulating supply. Yield Guild Games also plans to unlock its YGG tokens on February 27, unlocking 16.69 million tokens, currently worth $7.89 million, accounting for nearly 5.7% of the circulating supply.