Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»EXCHANGE NEWS»$875 Million in Massive Token Unlocks Set to Rock Markets in June
EXCHANGE NEWS

$875 Million in Massive Token Unlocks Set to Rock Markets in June

By Crypto FlexsJune 1, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
5 Million in Massive Token Unlocks Set to Rock Markets in June
Share
Facebook Twitter LinkedIn Pinterest Email

Token unlock events can provide opportunities for investors, but they also come with risks.

The cryptocurrency market is gearing up for a series of significant token unlock events scheduled for June. According to data from Token Unlocks, approximately $875 million worth of locked tokens will hit the market after the vesting periods of several major blockchain projects expire.

Token unlocking occurs when a previously restricted or vested token is released for trading. The vesting mechanism is designed to ensure that token holders, especially early investors, are committed to the long-term success of the project and work together to support its overall sustainability and growth.

Notable Token Unlock Details

On June 1, a significant number of tokens from Sui, dYdX, 1inch, and Ethena will be unlocked, adding new liquidity to the circulating supply. Sui, a high-performance layer 1 blockchain, unlocks 65.08 million SUI tokens, worth approximately $66 million.

On the same day, 33.33 million DYDX tokens will be released to the market, accounting for 11.91% of the total circulating supply and valued at approximately $69.67 million. 1Inch, known for its DEX integration protocol, plans to unlock 98.7 million tokens, while Ethena, a synthetic currency protocol independent of traditional banks, plans to unlock 53.6 million tokens.

Other notable blockchain projects such as Aptos, Arbitrum, and Starknet will follow later this month. On June 12, Aptos plans to unlock 11.31 million tokens, comprising 2.59% of the total circulating supply and valued at nearly $102.92 million. A significant portion of this unlock will be allocated to the Aptos Foundation.

Following the March unlock of Arbitrum, which put $2.23 billion worth of ARBs in circulation, Ethereum Layer 2 is set to unlock 92.65 million tokens worth $105 million once again on June 16. The previous unlock caused ARB prices to plummet by more than 50%. % between March and May, but investors are confident that the upcoming unlocking will not dilute prices to that extent.

Starknet, another Ethereum layer 2, is also scheduled to unlock 64 million tokens on June 15th. It accounts for 5.61% of the total circulation on Starknet and is valued at approximately $80 million. These tokens will primarily be distributed to early contributors and investors.

Potential impact on the market

Token unlock events can provide opportunities for investors, but they also come with risks. As large quantities of tokens enter circulation, there may be short-term fluctuations in price as the supply and demand dynamics of these tokens change. Negative sentiments about token unlocking are likely to influence holders to reduce their positions on the token in question.

Excluding the tokens in question, the entire cryptocurrency market is likely to experience the impact of large-scale token unlocking. The short-term effect will depend on whether token holders take new positions in other tokens or convert their holdings into stablecoins while waiting for the market to stabilize. Investors should keep in mind these possibilities arising from token unlocking.

next

Altcoin news, cryptocurrency news, news

thank you!

You have successfully joined our subscriber list.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Acurast launches ‘Staked Compute’ and challenges AWS, Azure and Google Cloud using the distributed smartphone network.

September 3, 2025

Bitcoin Price Posts for 5 consecutive August losses: Will Michael Saylor react?

August 31, 2025

Pudgy Penguins

August 28, 2025
Add A Comment

Comments are closed.

Recent Posts

Cardano founder says Chainlink quotes ‘ridiculous price’ to them.

September 3, 2025

Acurast launches ‘Staked Compute’ and challenges AWS, Azure and Google Cloud using the distributed smartphone network.

September 3, 2025

Solana-packee blockchain manually spreads

September 3, 2025

Bybit Card Launches In Europe With Unmatched 20% Cashback

September 3, 2025

GiftlyCard.com Recognized As Verified And Secure By Independent Review Sites

September 3, 2025

Embodying “Simple Mining, Smart Gains” For Effortless Crypto Accumulation

September 3, 2025

TOKEN2049 Singapore stops all records with the world’s largest Web3 event with 25,000 attendees in unprecedented demand.

September 3, 2025

Simultaneously Mine Dogecoin (DOGE), Ripple (XRP), And SOL

September 3, 2025

Simultaneously Mine Dogecoin (DOGE), Ripple (XRP), And SOL

September 3, 2025

Cango Inc. Announces August 2025 Bitcoin Production And Mining Operations Update

September 2, 2025

BitMine Immersion (BMNR) Announces Release Of August Investor Presentation And Latest Video Message From Tom Lee, Chairman

September 2, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Cardano founder says Chainlink quotes ‘ridiculous price’ to them.

September 3, 2025

Acurast launches ‘Staked Compute’ and challenges AWS, Azure and Google Cloud using the distributed smartphone network.

September 3, 2025

Solana-packee blockchain manually spreads

September 3, 2025
Most Popular

Altcoins may be preparing for the Q1 Hype Cycle, says Crypto Trader. Here’s what he means:

January 29, 2024

protocol

June 20, 2024

Cardano price drops 3% as this cryptocurrency wallet ICO passes $3 million.

December 9, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.