Over $3 billion in crypto tokens are set to be unlocked for trading this July, with the largest wave expected in the week of July 7 to July 13.
Four major projects make up over 59% of the total value set to unlock this month, including tokens from Aptos, IO, Peaq, and AGI.
There is a potential risk of price drops if the market struggles to absorb the new token supply, as concentrated token unlocks may lead to sudden price changes.
Market analysts caution that the increased token circulation may put downward pressure on prices, emphasizing the importance of monitoring supply absorption, trading volumes, and price action.