AVAX Price Dips Ahead of $365M Token Unlock Expected to Increase Supply
- AVAX underperformed crypto market ahead of $365M token unlock event
- Locked-up tokens worth $365M to be released Thurs, adding to circulation
- AVAX dipped 3% last week while most cryptos gained
- Unlocked tokens equal 2.6% increase in circulating supply
- Large unlocking events often lead to price drops due to increased supply