Over $3.9B in Tokens to Be Unlocked in October
In October, the crypto market will see the release of Aster, Sui, Aptos, Arbitrum, and Zora tokens worth more than $3.9 billion. While large unlocks often create selling pressure, analysts believe this time the outlook may be more optimistic.
The largest unlock will come from Aster (ASTER) on October 5, with $503.58 million in tokens set to be released — 4% of its market cap (320 million tokens).
On October 1, nearly $180.40 million worth of SUI tokens entered circulation (0.57% of market cap). A few days later, Ethena (ENA) will release $51.23 million (0.63%).
Other notable unlocks include:
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Plasma (XPL) — $90.06M on Oct 25
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pump.fun (PUMP) — $54.82M on Oct 14
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STBL and Arbitrum (ARB) — $81.05M and $37.71M on Oct 16
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Aptos (APT) — $47.96M on Oct 12
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LayerZero (ZRO) — $49.23M on Oct 20
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Zora (ZORA) — $41.91M on Oct 23.
See also: "Starting October, Telegram Users Will Be Able to Trade Tokenized U.S. Stocks"
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