Magic Eden plans a 17% token unlock on June 10, risking market supply shock and price volatility.

Magic Eden will unlock about 172 million ME tokens, or 17.2% of total supply, on June 10, 2026, primarily to contributors. This large release could impact market liquidity and price as new supply hits exchanges, with traders closely watching wallet-to-exchange flows and borrowing costs. Past unlocks showed price drops and volatility, but outcomes depend on recipient selling behavior and market depth. Investors should monitor order books, exchange inflows, and liquidity to gauge absorption and potential price moves around the event.