October’s biggest token unlocks are dumping over a billion dollars worth of previously locked tokens into circulation. The top seven unlocks for the month total $1.08 billion, with one project, Rain, responsible for the lion’s share at $785.5 million.
That means RAIN alone accounts for roughly 73% of the entire top-seven total. The remaining six tokens split the other $294.5 million.
Rain keeps topping the unlock charts
In June, RAIN underwent a cliff unlock of approximately 4.4% of its total supply, valued between $650 million and $713 million depending on which tracking platform you consulted. A cliff unlock is when a large batch of tokens becomes available all at once rather than trickling out gradually.
Then in July, another RAIN unlock event was projected at $812 million. October’s $785.5 million release fits neatly into that range, suggesting these aren’t one-off events but part of a deliberate, recurring vesting schedule baked into Rain’s tokenomics.
