$341M worth of tokens will unlock across major projects this week.
APT, STRK, IMX, MOVE, and SOL lead large cliff and linear unlocks.
Continuous selling pressure may impact prices; traders should monitor key token movements closely.
A tidal wave of tokens is about to flood the crypto market this week. Over $341 million worth of crypto will unlock across dozens of major projects. Traders, brace yourselves. The next seven days could spark volatility across the board. From large cliff unlocks to daily linear releases, several well-known tokens will see substantial supply increases. Let’s break down where the biggest moves will happen and what they might mean.
https://twitter.com/WuBlockchain/status/1931904241779822859 Major One-Time Unlocks Set to Hit the Market
Aptos — APT, leads the charge. On June 12, APT will unlock 11.31 million tokens valued at $52.7 million. This represents nearly 2% of APT’s circulating supply. Expect liquidity to surge when the clock strikes noon in Beijing. Hot on its heels, Starknet will unleash 127 million STRK tokens on June 15. Worth $16.6 million, this batch accounts for 3.79% of STRK’s current supply. Watch this one closely.
Immutable is next. IMX will unlock 24.52 million tokens on June 13, worth roughly $12.8 million. With only 1.33% of supply impacted, effects may remain moderate. Movement will release 50 million MOVE tokens today, valued at $7.1 million. Nearly 2% of MOVE’s supply enters circulation. Other notable unlocks include BounceBit ($4.6 million), Delysium ($3.8 million), Onyxcoin ($4.3 million), Cookie DAO ($2.9 million), and io.net ($2.5 million).
Daily Linear Unlocks Apply Steady Selling Pressure
While smaller in value, these events can still sway niche markets. Unlike cliff unlocks, linear releases apply continuous pressure. This can weigh heavily on prices throughout the week. Solana leads the pack here. It will release 465,770 SOL tokens daily, totaling $70.83 million by week’s end. Despite the large sum, this unlock affects only 0.09% of SOL’s supply. The market impact may stay limited, but whales will watch closely.
Worldcoin follows, unlocking 37.23 million WLD tokens worth $40.95 million this week. These tokens account for nearly 3% of WLD’s supply. Expect increased liquidity and potential price swings. TAO, Dogecoin, TIA, AVAX, SUI, MORPHO, ETHFI, and DOT will also contribute. Each will unlock $9 to $19 million worth of tokens over the week. These steady releases can erode buying power if demand fails to match supply.
Projects like NEAR, JTO, and IP will add $7 to $9 million in weekly token unlocks. While smaller, these can cause outsized effects in thinly traded pairs..Gaming and DeFi projects also face notable unlocks. Web3Games.com plans to release $5.06 million worth of WGT tokens. Ta-da will add another $91,516 worth of TADA tokens to the mix. Even these smaller events can create turbulence in microcap ecosystems.
