Brace For Impact As $200 Million In Crypto Is Being Unlocked In October

Brace For Impact As $200 Million In Crypto Is Being Unlocked In October
In a sudden turn of events for what is usually expected to be a bullish month for the crypto industry, a series of token unlocks set to take place this month is now threatening this bullish momentum. With around $200 million in various altcoins expected to flood the open market, the current market rally may end up being short-lived. $200 Million In Crypto Being Unlocked Token tracking website Token Unlocks has revealed that around $200 million in various cryptocurrencies are being unlocked at various intervals through the course of this year. The tokens being unlocked range from SUI to Optimism to Aptos’s APT, among others. Related Reading: LINK Price Primed For Meteoric Rise: Analyst Predicts 130% Rally To $18 A screenshot shared by Wu Blockchain on X (formerly Twitter) showed a list of tokens expecting large crypto unlocks in October, as well as the percentage of supply they represent and their equivalent dollar value. The first on the list is SUI. SUI’s upcoming token unlock is by no means the largest on the list. But it is significant and ..

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