Crypto tokens valued at upwards of $730 million are set to be unlocked in July 2024.
Crypto token unlock events in July are likely to flood the market with over $730 million in assets.
Arbitrum, Axie Infinity and ApeCoin rank among the top assets with scheduled unlocks in July. Large scale token unlocks typically push prices lower. The vesting period for nearly 40 crypto tokens is coming to an end in the coming month. During the vesting period, crypto token holders are shielded from the impact of mass sell-off since investors and team members are held back from selling their assets through a lock down, or “vesting.
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