Chinese cryptocurrency journalist Wu Blockchain, referencing Token Unlocks data, reported significant token unlocks expected in 13 altcoins throughout June. The total unlocked value of these altcoins is estimated to reach $739 million. Among the listed altcoins, AltLayer (ALT) holds the highest locked value, with an anticipated unlocking of around $105.2 million in June. Following ALT, the 1inch Network (1INCH) project ranks next, with an expected unlock value of $98.7 million. Arbitrum (ARB) secures the third spot on the list with an unlocking value of $92.6 million. The list of altcoins expected to unlock in June, along with their values and dates, is as follows:

• 1INCH: $98.7 million on June 1
• DYDX: $33.3 million on June 1
• SUI: $65 million on June 1
• ENA: $53.6 million on June 1
• APT: $11.3 million on June 12
• IMX: $25.5 million on June 14
• STRK: $64 million on June 15
• ARB: $92.6 million on June 16
• APE: $15.6 million on June 17
• PIXEL: $54.3 million on June 19
• ID: $78.4 million on June 22
• ALT: $105.2 million on June 25
• YGG: $16.6 million on June 27

While the unlocking of tokens does not necessarily indicate an immediate sale, such events can impact the token's risk profile and price. Experts caution investors to exercise caution in light of these developments. TokenUnlocks data highlights the substantial token unlocks expected in June, totaling over $739 million across various altcoins.