This week's unlocking preview, ZK, ZKJ, ARB, and others will see large unlocks. Coinank data shows:

ZKsync (#ZK ) will unlock approximately 768 million tokens at 4 PM on June 17, accounting for 20.91% of the current circulation, valued at approximately 39 million USD;

Polyhedra Network (#ZKJ ) will unlock approximately 15.53 million tokens at 8 AM on June 19, accounting for 5.04% of the current circulation, valued at approximately 30.30 million USD;

Arbitrum (#ARB ) will unlock approximately 92.65 million tokens at 9 PM on June 16, accounting for 1.91% of the current circulation, valued at approximately 30.20 million USD;

Sonic (S) will unlock approximately 47.63 million tokens at 8 AM on June 18, accounting for 1.65% of the current circulation, valued at approximately 15.80 million USD;

ID will unlock approximately 72.65 million tokens at 8 AM on June 22, accounting for 16.88% of the current circulation, valued at approximately 12.00 million USD;

#APE will unlock approximately 15.60 million tokens at 8:30 PM on June 17, accounting for 1.95% of the current circulation, valued at approximately 10.60 million USD;

LISTA will unlock approximately 33.44 million tokens at 5 PM on June 20, accounting for 19.36% of the current circulation, valued at approximately 7.00 million USD;

MELANIA will unlock approximately 26.25 million tokens at 8 AM on June 18, accounting for 6.58% of the current circulation, valued at approximately 6.90 million USD.

This week's concentrated unlocks of multiple tokens may have some impact on the market, focusing on the scale of unlocks and circulation shocks. The unlock ratio of ZK reaches 20.91%, far exceeding the monthly unlock ratio of regular projects (usually below 1%), which may trigger short-term selling pressure. Similar high-ratio projects like LISTA and ID also face liquidity shock risks.

There is also market sentiment and historical reference; the ZK token previously fell 40% after going live, and the number of active addresses was halved, reflecting the market's sensitivity to high circulation tokens. Although ARB's unlock ratio is relatively low, historically, large unlocks are often accompanied by price volatility, requiring caution for chain reactions.

Additionally, the current geopolitical conflicts in the Middle East are driving up gold prices, placing overall pressure on the cryptocurrency market. Concentrated unlocks at this time may amplify selling sentiment. Especially among small and mid-cap tokens like ZKJ and MELANIA, insufficient liquidity may exacerbate price fluctuations.

Investors are advised to distinguish between the nature of unlocks (team/investor releases vs. ecosystem incentives), prioritize attention on high circulation ratio projects, and monitor large holder movements in conjunction with on-chain data. History shows that if there is a lack of ecosystem support after unlocking, the probability of short-term pullbacks is quite high.