Given the ongoing development of the cryptocurrency market, the events of token unlocking are becoming increasingly relevant for investors. In this article, we will analyze in detail the situation with the unlocking of high-cap coins that will occur in October, and provide relevant market insights.
In early October, SUI expects to unlock about 44 million coins ( worth approximately 145 million dollars ), which will mainly go to round B investors, community reserves, and early participants. This large-scale unlocking deserves close attention, especially regarding the cash flows from the project and investors.
On the same day, the EIGEN EigenLayer token will also be unlocked in the amount of approximately 36.82 million, with a valuation of 65 to 69 million US dollars. Since it is mainly aimed at early investors, this could exert some pressure on the market in the short term. Investors need to weigh whether the development of the project's key metrics is sufficient to offset this potential sell-off.
On October 2, approximately 40.63 million Ethena ENA coins will be unlocked, worth around 14 to 15 million US dollars, all of which belong to the fund. Such a centralized unlocking method may attract special attention in the market.
The IMX token will be unlocked on October 3rd in the amount of 24.5 million units, mainly for the development of the ecosystem and projects. Since this is a fixed 28-day unlocking cycle, the market is already anticipating this, and a positive announcement about the ecosystem is usually made, so price fluctuations may be relatively limited.
The APT coin from Aptos will be unlocked on October 11, approximately 11.3 million coins, which follows a typical linear unlocking scheme over the month. Investors usually adjust their positions or hedge risks about a week before the unlocking.
In the middle of the month, the tokens STRK and SEI Starknet will be unlocked in the amount of approximately 127 million and 55.56 million, respectively. The volume of the unlocking of these two projects is significant and may have a certain impact on the market.
The ARB Arbitrum token will be unlocked at approximately 93,650,000 pieces on October 16, mainly for the team, consultants, and investors. As a leading second-layer solution project, investors may consider diversifying risks through pair trading with similar projects.
At the end of the month, the ONDO coin will face a massive unlocking of about 184.5 million coins, worth up to 170-180 million dollars. Being a popular project in the tokenization of real assets (RWA), this volume of unlocking is enormous, and investors need to closely monitor the movement of funds in the fund and multi-signature wallets, as well as the secondary market's ability to provide liquidity.
In general, the events of token unlocks in October are concentrated and significant in scale, investors should remain vigilant, wisely plan investment strategies, and closely monitor market movements to timely seize investment opportunities or avoid potential risks.
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