A total of nearly 41,000 BTC will be unlocked in July, and the NV (notional value) will be close to 1.4 billion U.S. dollars. The largest unlock will take place on July 18, when 16,240 BTC will be available because the six-month lock-up period for GBTC shares has been released.
Bitcoin has been trading sideways in the past few weeks, but with the unlocking of GBTC, this may change, and it is important to be prepared for volatility.