Crypto market set for $189 million token unlocks next week, here's what to expect

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Cryptocurrencies News

Sui,Optimism

The crypto market will experience token unlocks worth nearly $190 million next week, with Optimism (OP) and Sui (SUI) set to inject over $50 million worth of new tokens into their circulating supply.

OP, SUI,

will see $4.6 million unlock as the ASI merger continues. These tokens are up in the past 24 hours but may see quick retracements following next week's unlocks. The crypto market will experience token unlocks worth nearly $190 million next week, with Optimism and Sui set to inject over $50 million worth of new tokens into their circulating supply.

, MANTRA, EUL, TORN, 1INCH, and FORT are poised to round up July with unlock events, where $189 million worth of their supply will be released into circulation. Optimism and Sui will see the highest unlock volume next week, with $54 million and $50 million of their tokens entering circulation, respectively. The unlock makes up over 2% of their circulating supply.

 

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