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BTCC / BTCC Square / Global Cryptocurrency /
SUI Faces $278 Million Token Unlock as Price Soars 23% Amid Institutional Interest

SUI Faces $278 Million Token Unlock as Price Soars 23% Amid Institutional Interest

Author:
Global Cryptocurrency
Published:
2025-04-28 21:10:13
10
2
[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -

Sui is set to unlock $278 million worth of tokens this week, potentially introducing selling pressure despite a recent 23% price surge. The rally has been driven by institutional interest, including Grayscale’s SUI Trust and a strategic European partnership with xPortal for virtual Mastercard integration, boosting the token 73% in recent weeks.

Market sentiment remains divided—bullish momentum from product adoption clashes with bearish concerns over token dilution. Trading at $3.67, SUI’s volatility reflects the broader tension between crypto institutionalization and vesting schedule mechanics.

|Square

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