Watchout for large token unlocks in June🧵:
The largest:
$ARB - $106M June 16
$APT - $105M June 12
$UNI - $91M June 16
$STRK - $78M June 15
Others:
$DYDX - $67M June 1
$SEI - $65M June 15
$IMX - $57M June 14
$MERL - $42M June 19
$ENS - 38M June 8
$ALT - $34M June 25
$AXL - $28M June 27
$PORTAL - $26M June 29
$MANTA - $25M June 18
$GMT - $24M June 9
$LMWR - $22M June 16
$PIXEL - $22M June 19
$APE - $20M June 17
$ZK - $20M June 19
Based on a Token Unlocks report, approximately US$44 billion worth of tokens are expected to be unlocked in 2024. A total of US$155B will be unlocked in the next few years.
According to this projection, it appears that a significant number of tokens will enter the market this year. If there's not enough capital coming in, pressure to sell may increase for many individuals.
