๐Ÿ”“ Major Token Unlock Events This Week

Top Unlocks by Value:

July 2:

Sui Foundation โ€“ $159.04M

EigenLayer โ€“ $27.62M

July 4:

Cheelee โ€“ $110.91M

July 5:

Sonic โ€“ $31.98M

Stader โ€“ $585K

Other Notable Unlocks:

June 29:

Optimism Foundation โ€“ $19.03M

Celestia, Binance Smart Chain, Pendle, and others

June 30:

Across โ€“ $14.07M

Starknet Bridge, Maverick Protocol, Radiant, etc.

July 1:

Multiple smaller unlocks including dYdX, Celo, Fei Protocol, Pike, and Numbers Protocol

July 3:

Cetus โ€“ $786K

Thala, Kwenta, Equilibria, and recurring Celestia unlocks

July 5:

Alongside Sonic, Celestia unlocks $1.41M again (recurring)

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๐Ÿ” Recurring Unlocks:

Celestia ($1.41M) has daily or near-daily token releases throughout the week.

Several projects like Maverick Protocol, Radiant, and dYdX appear on multiple days.

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๐Ÿ“Š Insights:

Wednesday (July 2) will see the largest total unlock volume, driven by Sui and EigenLayer.

The consistent Celestia unlocks may cause ongoing minor sell pressure.

High-value unlocks like those from Cheelee and Sonic could lead to market volatility for those tokens.

$SUI