ENA, SUI And EIGEN Lead This Week’s $73 Million Token Unlock Schedule
About $73 million in crypto tokens will unlock from June 29 to July 5, down from last week’s $129.67 million but still enough to matter for traders. Token unlocks do not always cause immediate selling, but they change supply expectations and can pressure prices in weak markets. Ethena (ENA), Sui (SUI), and EigenLayer (EIGEN) are the main names to watch because each sits in a major market narrative: synthetic-dollar/yield products, layer-1 competition, and Ethereum restaking. Their unlocks are important not just as supply events but as tests of demand and conviction. The market reaction depends on context: trading volume, support levels, derivatives positioning, and who receives the unlocked tokens. Unlocks may be priced in already, or they may trigger further downside if liquidity is thin. Overall, this week’s unlock pressure is lighter than last week’s, but still relevant.
