Upcoming releases include about 25.71 million LayerZero tokens and 900 million Spark tokens, with Arbitrum, KAITO and YZY also set for notable unlocks.
Several large token unlocks are scheduled for next week, led by LayerZero and Spark. Token Unlocks data shows LayerZero will unlock about 25.71 million ZRO tokens at 7:00 p.m. Beijing time on June 20, worth about $23.2 million, while Spark will unlock about 900 million SPK tokens at 5:30 p.m. on June 17, worth about $17.8 million. Arbitrum, KAITO and YZY are also due for unlocks worth about $7.8 million, $7.4 million and $6.2 million, respectively. Token unlocks release previously restricted supply into circulation, a development traders often monitor because added supply can influence market liquidity and short-term price action.