$460M set to unlock in October: Sui, Grass, and Aethir
October 2025 will be packed with major unlocks, with more than $460M worth of tokens entering circulation during the month. While these events don't always lead to a sell-off, they are essential for investors to monitor.
The most significant events will be unlocks from Sui, Grass, and Aethir, which together account for more than half of the total volume.
Sui (Oct. 1). 44M SUI ($139.9M), or 1.23% of supply, will be released. The Layer 1 blockchain project for scalable dApps has already seen heightened volatility following past large unlocks.
Immutable X (Oct. 3) will unlock 24.5M IMX ($17.4M), or 1.26% of supply. As an Ethereum-based solution for NFTs and gaming, IMX price has historically reacted to new supply.
Since February 2024, IMX price has mostly dropped on unlock days. Source: tokenomist.ai
Linea (Oct. 10). 1.08B LINEA ($27.6M), equal to 6.57% of supply, will hit the market. The L2 project from ConsenSys is expanding its ecosystem, but the scale of this release could create short-term price pressure.
Aptos (Oct. 11). 11.3M APT ($45M), or 2.15% of supply, will be unlocked. Tokens will be distributed among the community, foundation, and investors.
Aethir (Oct. 12) will release 1.26B ATH ($74M), or 16% of supply. The size could trigger strong short-term price pressure, particularly given low liquidity.
Starknet (Oct. 15). 127M STRK ($14.8M), or 5.64% of supply, will be unlocked. While significant for the zk-rollup ecosystem, the volume is relatively modest.
Grass (Oct. 28) will see the final major unlock of the month: 181M GRASS (≈$141M), or 72.4% of supply, the largest percentage unlock of October, potentially altering supply-demand dynamics.
Unlike most projects where unlocks follow a standard schedule for teams and investors, Grass will see a more complex redistribution. According to Tokenomist, tokens will be allocated across multiple new holder categories:
- Early Investors – 252M GRASS (25.2% allocation)
- Foundation & Ecosystem Growth – 120M GRASS (12%)
- Contributors – 220M GRASS (22%)
- Future Incentives – 170M GRASS (17%)
- Airdrop One – 100M GRASS (10%)
- Router Rewards – 30M GRASS (3%)
This means assets previously inaccessible to the broader community will hit the market, including early investor stakes, future incentives, and community allocations.
GRASS token unlock schedule and distribution by category. Source: tokenomist.ai
The probability of significant sell pressure here is very high: early investors and contributors are likely to offload their tokens. As a result, many traders are preparing to open short positions.
Recommended