More than $670 million in token unlocks are scheduled for the third week of June, putting fresh supply pressure on a handful of crypto projects. The batch, spread across seven or more tokens, includes large releases from LayerZero, Spark, Kaito, Sei, Arbitrum, and YZY.
Spark's big unlock raises the stakes
The most eye-catching event lands on June 17, when Spark (SPK) releases 900 million tokens worth about $17.8 million. That's 27.08% of the project's released supply — a relatively large chunk for a single unlock. For context, most weekly unlocks hover below the 5% mark. A 27% addition can test liquidity and sentiment, especially if holders decide to sell.
LayerZero and Kaito unlock on June 20
LayerZero (ZRO) will release 25.71 million tokens on June 20, valued at roughly $23.16 million. That's a 4.83% increase to the circulating supply. The same day, Kaito (KAITO) unlocks 17.6 million tokens worth $7.4 million, representing 4.49% of supply. Neither is massive relative to market cap, but the timing — all three projects hitting the same week — amplifies the potential sell pressure.
Other names in the mix
Sei, Arbitrum, and YZY also have unlocks during the same period, though the facts don't specify their exact amounts or dates. Taken together, the total crosses $670 million, making this the heaviest week of unlocks so far in June.
Unlock events aren't automatic sell-offs. Some projects offset them with buybacks, staking programs, or gradual drip mechanisms. But when a large percentage of the supply hits the market all at once, it's a risk that traders watch closely. Spark's 27% release, in particular, could create short-term volatility.
All of these unlocks are scheduled within the next seven days. That means the market will have to absorb them quickly — or absorb the selling pressure if holders decide to cash out.
