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TOKEN UNLOCK WEEK IS HERE, AND THE MARKET IS WATCHING CLOSELY
This week brings several notable token unlocks that could inject fresh volatility into the market:
June 1 - $EIGEN 36.82M tokens unlocked, equivalent to 6.55% of circulating supply.
June 1 - $SUI 13.72M tokens unlocked, representing 0.34% of circulating supply.
June 6 - $HYPE 9.92M tokens unlocked, accounting for 2.54% of circulating supply, with a market value of approximately $714 million.
Among them, $HYPE is attracting the most attention.
After a powerful rally and multiple new highs, the market is about to face one of the largest unlock events in the project's history.
Will holders continue to diamond-hand through the unlock?
Or will profit-taking pressure finally test the strength of the recent uptrend?
Token unlocks don't always lead to sell-offs, but they often become major volatility catalysts.
And with sentiment already running hot, the first week of June could be far more explosive than many traders expect.
#ICEBacksOKXOilPerps
#CFTCOpensBitcoinPerps
#HYPEBreaksATHAgain
$HYPE
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