Sui Token Unlock Event Sparks Market Concerns Over Potential Price Drop
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币界网报道：Sui Network is set to unlock 34.62 million SUI tokens on May 3, valued at approximately $53.7 million, representing 2.78% of its circulating supply. The tokens will be allocated to the community reserve (25%), early contributors (25%), and Series A/B investors (50%). This event has raised market concerns about potential selling pressure, as similar token unlocks have historically led to price declines. Currently trading at $1.55, SUI has seen a 10% drop over the past week amid broader market volatility. Analysts suggest monitoring trading volumes and whale activity post-unlock for price direction signals.
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