Unlock schedule this week: Over 230 million USD is about to flood the market

Arbitrum (ARB) will unlock approximately 31.6 million USD worth of tokens on June 16th, accounting for nearly 2% of the total circulating supply. Although not too large, in the context of the weakening market, it could still create short-term adjustment pressure.

ZKsync (ZK) has an unlock amount of up to 37.9 million USD, equivalent to nearly 21% of the circulating supply. This is a very high level, likely to lead to significant sell-off pressure if there is no new capital influx to absorb it.

Fountain (FTN) is noteworthy with an unlock amount of 89 million USD on June 18th, representing about 5% of the total circulating supply. This project has unlocked up to 90% of the total supply, so as time goes on, the pressure from unlocks will become heavier.

Some other names also have unlock schedules such as MELANIA, APE, LISTA, ZRO, and ID, with rates ranging from 1% to over 21% of the total supply. Among them, ZRO and ID have relatively high unlock rates compared to their current market capitalization, making them prone to strong volatility.