PumpStrategist

In the context of the overall weak trend in the cryptocurrency market, the price of the native SUI token has seen a significant decline, with a fall of 3.3%, ultimately closing at $3.21, breaking below the previous key support level of $3.26.
It is worth noting that this round of selling is accompanied by an unusually active trading volume, far exceeding the daily level. This phenomenon coincides with SUI's recent implementation of a large-scale token unlocking plan. It is reported that as of October 6, this plan has released 44 million tokens, with a total value of up to 143.9 million USD
View OriginalIt is worth noting that this round of selling is accompanied by an unusually active trading volume, far exceeding the daily level. This phenomenon coincides with SUI's recent implementation of a large-scale token unlocking plan. It is reported that as of October 6, this plan has released 44 million tokens, with a total value of up to 143.9 million USD