$32M in Token Unlocks for BLAST, ALT, VENOM Set for Next Week
The post $32M in Token Unlocks for BLAST, ALT, VENOM Set for Next Week appeared on BitcoinEthereumNews.com.
BLAST’s $25M unlock triggers weak momentum as volume drops nearly 34% this week AltLayer and VENOM face dilution risks despite differing volume and price action YGG shows bullish signs post-unlock, while C98 struggles with weak price support Insider token unlocks for the week of June 23–29 are set to release over $31.8 million worth of assets into the market. This substantial movement includes some high-impact tokens like BLAST, ALT, VENOM, YGG, and C98. These pre-scheduled releases of previously locked tokens increase the circulating supply, and market participants will be closely monitoring their potential impact on price volatility. 🟣 Weekly Insider Unlocks : 23 – 29 June ’25 🔥 31.8m+ 🔥 Insider Unlocks Highlights 🔓:$BLAST (35.08%) – $25.15m$ALT (2.87%) – $3.43m$VENOM (0.50%) – $1.69m$YGG (1.23%) – $1.02m#C98 (0.57%) – $244.09k.( % of cir. supply) pic.twitter.com/uEOLKrfh7d — Tokenomist (prev. TokenUnlocks) (@Tokenomist_ai) June 20, 2025 BLAST Takes the Spotlight with $25M Unlock BLAST tops the list, accounting for $25.15 million or 35.08% of its circulating supply. Despite this, its price has seen modest changes, currently at $0.002411. The chart reveals a brief upward move before a consistent downtrend, bottoming at $0.002385. Although the token saw a slight bounce, overall momentum remains weak. Resistance sits around $0.00245, while support levels hover at $0.002385 and $0.00239. Volume has dropped nearly 34%, hinting at cooling market interest. Given the vast total supply of 100 billion tokens, further unlocks could pressure the price in coming weeks. AltLayer (ALT) and Venom (VENOM) Unlocks AltLayer (ALT) follows with a $3.43 million unlock, representing 2.87% of its circulating supply. Currently trading at $0.03406, ALT has trended downward with a minor end-of-day recovery. Resistance is firm at $0.03565, while support lies near $0.03325. A 56% drop in daily volume, coupled with a high future dilution risk, raises caution for short-term holders.…
