**Summary:**
Avalanche, a blockchain platform, is preparing to release 9.5 million tokens and the crypto community is on high alert. The impending release sparks a mix of excitement and caution among investors and analysts. The market is anticipating the impact on project valuations and overall stability. Additionally, a price analysis of Avalanche’s token (AVAX) suggests a potential correction phase and the previous token unlock event is also highlighted.

**Avalanche To Unleash 9.5 Million Tokens, Market Observes Closely**
A major event on the Avalanche blockchain platform is set to release nearly $900 million worth of tokens from various projects in February. Among the projects involved are Avalanche (AVAX), Aptos (APT), The Sandbox (SAND), Optimism (OP), and SUI. The market is closely monitoring the release of 9.5 million AVAX tokens valued at approximately $320 million, scheduled for February 22. Additionally, Aptos is gearing up to release 24.8 million tokens worth around $233 million on February 11. The market is bracing for potential impacts on project valuations and stability.

**Navigating A Potential Correction Phase: AVAX Price Analysis**
Avalanche’s token, AVAX, has shown remarkable price performance, with recent analyses suggesting a potential correction phase and a subsequent increase in support levels. Furthermore, an artificial intelligence (AI)-based price prediction model has forecasted a significant surge in the AVAX token’s price over the next few years. The article also highlights the previous AVAX token unlock event and its impact on the market, emphasizing the importance of closely monitoring market dynamics during token release events.

**FAQ:**
1. How many tokens is Avalanche set to release?
Avalanche is set to release 9.5 million tokens valued at approximately $320 million on February 22.

2. Which projects are involved in the token release event?
Projects involved in this token release include Avalanche (AVAX), Aptos (APT), The Sandbox (SAND), Optimism (OP), and SUI.

3. What potential impact is the market anticipating from the token release?
The market is closely monitoring the token release for potential impacts on project valuations and overall stability.

4. What has the price analysis of AVAX suggested?
The price analysis of Avalanche’s token (AVAX) suggests a potential correction phase and a subsequent increase in support levels.

5. How has the previous AVAX token unlock event affected the market?
The previous AVAX token unlock event did not cause significant price fluctuations but experienced a 16% fall leading up to the unlock.

**Source:** [NewsBTC](https://www.newsbtc.com/2022/02/07/avalanche-to-unleash-9-5-million-tokens-traders-brace-for-impact/)