Major Token Unlocks Incoming Early June — What’s the Impact?
A wave of token unlocks is about to hit the crypto market, and it could shake up prices! Let’s dive into the key projects releasing a big chunk of tokens soon:
1. Sui (SUI)
⏰ Unlock: June 1 @ 8:00 AM UTC+8
🔓 Amount: ~44M tokens (1.32% of supply)
💰 Value: ~$154M
Price Impact: High unlock value could trigger short-term sell pressure, especially if whales dump.
2. Bio Protocol (BIO)
⏰ Unlock: May 28 @ 8:00 AM UTC+8
🔓 Amount: ~339M tokens (20.22% of supply)
💰 Value: ~$28M
Price Impact: High dilution risk — 20% is a huge unlock! Expect volatility.
3. Optimism (OP)
⏰ Unlock: May 31 @ 8:00 AM UTC+8
🔓 Amount: ~31.34M tokens (1.83% of supply)
💰 Value: ~$22.7M
Price Impact: Moderate pressure — traders might front-run the event and sell.
4. Kamino (KMNO)
⏰ Unlock: May 30 @ 8:00 PM UTC+8
🔓 Amount: ~229M tokens (14.97% of supply)
💰 Value: ~$15.1M
Price Impact: Could face a sharp pullback unless strong demand offsets selling.
5. Renzo (REZ)
⏰ Unlock: May 30 @ 7:00 PM UTC+8
🔓 Amount: ~423M tokens (16.10% of supply)
💰 Value: ~$5.7M
Price Impact: Low unlock value, but high supply increase — bearish short term.
6. dydx (DYDX)
⏰ Unlock: June 1 @ 8:00 AM UTC+8
🔓 Amount: ~8.33M tokens (1.07% of supply)
💰 Value: ~$5M
Price Impact: Minor unlock, likely limited price effect unless combined with external news.
What to Expect?
Token unlocks often lead to price dips, especially if the unlock is large relative to daily volume. Traders may sell in anticipation or after the release. Watch for increased volatility and potential buying opportunities if prices overreact.
Stay sharp — and follow the unlock calendar to trade smart!