SUI Plunges 3% as Massive $144M Token Unlock Triggers Market Selloff

Another day, another crypto dump—this time courtesy of scheduled token unlocks.

The Unlocking Floodgates Open

SUI's price took a 3% nosedive as $144 million worth of tokens hit the market in a scheduled unlock event. The predictable sell pressure sent traders scrambling while long-term holders watched their paper gains evaporate faster than a DeFi protocol's TVL during a bear market.

Institutional Exit Strategy or Retail Panic?

Early investors and team members finally got their hands on previously locked tokens—and promptly headed for the exits. The coordinated selling overwhelmed buy-side liquidity, creating the kind of price action that makes crypto skeptics nod knowingly while muttering 'I told you so.'

Tokenomics or Token-traumatics?

This latest unlock serves as another reminder that in crypto, the fine print often matters more than the whitepaper. While projects promise revolutionary technology, the market still dances to the tune of supply shocks and venture capital profit-taking schedules. Because nothing says 'decentralized future' like pre-scheduled insider selling events that would make traditional finance bankers blush.

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