The large-scale token unlocking wave has started. -Today unlocked: - Optimism (OP): 31.34 million tokens (approximately 17.4 million USD). Kamino (KMNO): 229 million coins (approximately $13.8 million, accounting for 10.44% of the circulating supply). Across Protocol (ACX): 100 million (approximately 13.5 million USD). Tomorrow (July 1): Sui (SUI) will unlock 44 million tokens (approximately $122.8 million), making it the largest unlock of the week. The overall market sentiment is sluggish. Mainstream altcoins (such as SOL, ADA, DOGE) continue to decline, with a drop of double digits over the past week, as trading volume shrinks and macro uncertainties intensify selling pressure. Bitcoin capital flows are diverging: BN reserves decreased by 12,000 BTC, OK saw a net inflow of 8,900 BTC; American users are turning to cold wallet storage, while trading volume in Asia has slightly increased.
Pay attention to the unlocked tokens, especially SUI and OP, and avoid short-term trading.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
The European Ethereum Conference (EthCC) opens.
Held in Cannes, France from June 30 to July 3.
The large-scale token unlocking wave has started.
-Today unlocked:
- Optimism (OP): 31.34 million tokens (approximately 17.4 million USD).
Kamino (KMNO): 229 million coins (approximately $13.8 million, accounting for 10.44% of the circulating supply).
Across Protocol (ACX): 100 million (approximately 13.5 million USD).
Tomorrow (July 1): Sui (SUI) will unlock 44 million tokens (approximately $122.8 million), making it the largest unlock of the week.
The overall market sentiment is sluggish.
Mainstream altcoins (such as SOL, ADA, DOGE) continue to decline, with a drop of double digits over the past week, as trading volume shrinks and macro uncertainties intensify selling pressure.
Bitcoin capital flows are diverging: BN reserves decreased by 12,000 BTC, OK saw a net inflow of 8,900 BTC; American users are turning to cold wallet storage, while trading volume in Asia has slightly increased.
Pay attention to the unlocked tokens, especially SUI and OP, and avoid short-term trading.