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Connex to unlock 1.32M tokens on June 15 amid weak crypto market, raising volatility risks.

Protocol Fundamentals
11 Jun 2026
Crypto Daily
View Source
Neutral
pluang ai news

Connex will unlock 1.32 million CONX tokens on June 15, adding about 1.3% to the total supply. These tokens are allocated to the Community Treasury and Ecosystem, meaning they may not hit exchanges immediately but represent potential new supply. The unlock comes amid a weak crypto market, with Bitcoin recently dropping to $59,100 and U.S. Bitcoin ETFs seeing net outflows, which could amplify price volatility. Investors should monitor on-chain flows and exchange deposits closely and consider strategies like waiting, hedging, or tactical trading to manage risk around the event.

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