A $71.8 million unlock sounds scary, but the key thing to watch has never been the dollar amount—it’s the percentage.
What happened:
1. On October 20, Axie Infinity is scheduled to release around 15.1 million $AXS , about 11.5% of the circulating supply, worth approximately $71.8 million at the current price.
2. Allocation: around 6.08 million tokens to the team, 3.43 million in staking rewards, 3.38 million in play-to-earn incentives, 1.69 million to the ecosystem fund, and 550,000 to advisors.
3. The previous unlock was in July: after 3.4 million tokens were released, AXS fell about 10% over the following ten days.
What to make of it:
An unlock doesn’t automatically mean selling—recipients don’t necessarily sell their tokens, and the staking rewards may even remain locked. But the relative impact of 11.5% is real: historically, AXS has reacted poorly to unlocks, and July’s event is a case in point. The real question is how the market absorbs the supply before and after the unlock: rising volume without a price drop suggests buyers can absorb the new supply; a slow decline on falling volume suggests the market is pricing in selling pressure ahead of time. If you’re following events like this, setting price alerts for the days around October 20 will be more useful than fixating on the absolute figure of $71.8 million.
Data as of: 2026-10-11 20:30 UTC
Sources: TokenUnlocks (compiled by gmcrypto.news); CryptoPotato (TokenUnlocks data)
For informational purposes only; not investment advice.
#TokenUnlock
Do you usually reduce your position in advance to hedge against an unlock, or wait and see what happens afterward? I’ll keep tracking token unlock calendars like this—follow me to stay in the loop.
What happened:
1. On October 20, Axie Infinity is scheduled to release around 15.1 million $AXS , about 11.5% of the circulating supply, worth approximately $71.8 million at the current price.
2. Allocation: around 6.08 million tokens to the team, 3.43 million in staking rewards, 3.38 million in play-to-earn incentives, 1.69 million to the ecosystem fund, and 550,000 to advisors.
3. The previous unlock was in July: after 3.4 million tokens were released, AXS fell about 10% over the following ten days.
What to make of it:
An unlock doesn’t automatically mean selling—recipients don’t necessarily sell their tokens, and the staking rewards may even remain locked. But the relative impact of 11.5% is real: historically, AXS has reacted poorly to unlocks, and July’s event is a case in point. The real question is how the market absorbs the supply before and after the unlock: rising volume without a price drop suggests buyers can absorb the new supply; a slow decline on falling volume suggests the market is pricing in selling pressure ahead of time. If you’re following events like this, setting price alerts for the days around October 20 will be more useful than fixating on the absolute figure of $71.8 million.
Data as of: 2026-10-11 20:30 UTC
Sources: TokenUnlocks (compiled by gmcrypto.news); CryptoPotato (TokenUnlocks data)
For informational purposes only; not investment advice.
#TokenUnlock
Do you usually reduce your position in advance to hedge against an unlock, or wait and see what happens afterward? I’ll keep tracking token unlock calendars like this—follow me to stay in the loop.