Crypto markets brace for $3.3 billion in token unlocks this June as vesting schedules expire

These unlocks represent digital assets entering circulation, often from allocations made to early investors, team members, and community treasuries.

Crypto markets are preparing for a significant influx of tokens this June as vesting schedules for several major projects expire, leading to a total of $3.3 billion in unlocks, according to crypto vesting tracker Tokenomist. This marks a 32% drop from May's total of $4.9 billion.

These unlocks will see digital assets enter circulation, often from allocations made to early investors, team members, and community treasuries. The tokens are typically locked initially to prevent premature selling and market disruption.

June's breakdown includes $1.4 billion in cliff unlocks, where large batches of tokens are released all at once, and $1.9 billion in linear unlocks, which distribute tokens gradually over a period of time.

One of the biggest unlocks will come from Metars Genesis (MRS), an NFT project planning to release $193 million in tokens on June 21 to support an AI partnership. Since March, MRS has already seen nearly $1 billion in tokens enter circulation.

Sui (SUI) will unlock 44 million tokens worth approximately $160 million on June 1, with major portions going to the Mysten Labs treasury, Series B investors, and early contributors.

To date, Sui has seen 3.3 billion tokens enter circulation, amounting to over $12 billion at current prices, which constitutes about 33% of its total supply. Another 5.22 billion SUI tokens are yet to be scheduled for release.

While the volume of unlocks has decreased compared to last month, the sheer value of tokens entering the market could still impact price action across these tokens. As WWDC approaches and macroeconomic updates continue to pour in, investors and traders will be closely following any changes in market sentiment.