Crypto Whales On Watch As Over $3 Billion In Tokens Unlock Next Month — TradingView News
Crypto assets to the tune of over $3 billion are heading into circulation in June. That marks a 32% drop from May’s haul of $4.9 billion. According to crypto vesting tracker Tokenomist, investors and traders will face new supply pressure again this month.
Total Token Unlocks Dip In June
June’s release of $3.3 billion is down sharply from May’s nearly $5 billion. A lot of that change comes from projects finishing earlier vesting schedules. But $3.3 billion is still a heavy weight on token prices. Markets usually wobble when billions of dollars suddenly become tradable.
Cliffs Versus Gradual Releases
About $1.4 billion of June’s tokens will hit wallets all at once in what’s called a cliff unlock. That means a lump sum becomes liquid…
