Token Unlocks data indicates that multiple unlocking events worth more than $10 million are scheduled for this month.
IMX, APT, SUI, AXS, OP and APE will all see substantial amounts of tokens unlocked this month.
AXS’s unlock is the biggest token unlock this month, as the amount of tokens that will be released is valued at $69.58 million.
Several large token unlock events will take place in the next 30 days. According to the tokenomics tracking platform Token Unlocks, Sui (SUI), Immutable (IMX), Aptos (APT), Apecoin (APE), Axie Infinity (AXS), and Optimism (OP) all have token unlock events scheduled for this October with the value of the unlocks totaling more than $10 million.
The next unlock will take place on 3 October 2023 and will see 34.62 million SUI tokens released. The tokenomics platform indicated that the unlock is valid at $16.21 million. Furthermore, the SUI that will be released makeup 4.37% of the cryptocurrency’s supply ratio.