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CoinStats

Token Unlocks This Week: Over $32 Million From BLAST, ALT, VENOM to Hit Market

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report on the over $32 million in token unlocks for the week of June 23, led by a $29 million unlock from BLAST.
  • BLAST’s $25M unlock triggers weak momentum as volume drops nearly 34% this week
  • AltLayer and VENOM face dilution risks despite differing volume and price action
  • YGG shows bullish signs post-unlock, while C98 struggles with weak price support

Insider token unlocks for the week of June 23–29 are set to release over $31.8 million worth of assets into the market. This substantial movement includes some high-impact tokens like BLAST, ALT, VENOM, YGG, and C98. 

These pre-scheduled releases of previously locked tokens increase the circulating supply, and market participants will be closely monitoring their potential impact on price volatility.

BLAST Takes the Spotlight with $25M Unlock

BLAST tops the list, accounting for $25.15 million or 35.08% of its circulating supply. Despite this, its price has seen modest changes, currently at $0.002411

The cha…

The post Token Unlocks This Week: Over $32 Million From BLAST, ALT, VENOM to Hit Market appeared first on Coin Edition.

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