The post Token unlocks this week: Ethena (ENA) and TAIKO lead $369 million value release appeared on BitcoinEthereumNews.com.

The cryptocurrency market will see token unlocks totaling over $369 million between June 2 and June 9. Ethena (ENA) and TAIKO lead the cliff unlocks, while Solana continues its regular linear unlock schedule. Ethena leads large token cliff unlocks As per Tokenomist data, Ethena (ENA) dominates the week’s major cliff unlocks with 212.50 million tokens valued at $65.86 million scheduled for release. This accounts for 3.72% of the unlock supply. This makes ENA the largest single token unlock by dollar value during the June 2-9 period. TAIKO follows as the second-largest cliff unlock with 81.55 million tokens worth $47.40 million. However, this accounts for a much larger portion of its unlock supply at 71.23%. The high percentage suggests this unlock could have a more pronounced impact on TAIKO’s circulating supply relative to its existing token base. NEON rounds up the major cliff unlocks category with 53.19 million tokens valued at $6.94 million. This represents 6.48% of its unlock supply. While smaller in dollar terms compared to ENA and TAIKO, this release still adds meaningful supply to the NEON ecosystem. ENA, TAIKO and NEON lead cliff unlocks this week. Source: Wu Blockchain These three cliff unlocks total approximately $120.2 million across the projects. They could create concentrated selling pressure as large token amounts are released all at once rather than gradually over time. The cliff unlock structure typically creates more immediate market impact compared to linear releases. Solana to unlock $73.67 million in SOL Solana leads the linear unlock category with 465.77K tokens worth $73.67 million entering circulation during the June 2-9 period. However, this represents only 0.09% of its circulating supply due to the cryptocurrency’s large existing token supply. Worldcoin (WLD) follows with 37.23 million tokens valued at $42.81 million and accounts for 2.69% of its circulating supply. TAO releases…

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Filed under: News - @ June 2, 2025 10:28 am