SUI Token Unlock Triggers Market Volatility: 44 Million SUI Released Amid Price Decline

The sui Network's release of 44 million SUI tokens, valued at $77.35 million, has heightened market scrutiny as circulating supply reaches 34.46% of total issuance. This unlock—distributed to Series B investors and project contributors—comes amid a 15.5% monthly price drop, potentially amplifying selling pressure.

"Token unlocks rarely go unnoticed in bearish conditions," noted one trader, referencing broader geopolitical risks impacting crypto sentiment. With over half the total supply still locked, market participants are closely watching key support levels ahead of scheduled unlocks through 2025.

The event underscores the ongoing tension between blockchain project financing needs and secondary market stability—a critical dynamic for digital asset investors navigating volatile conditions.