If you hold this one token, read this tweet.
$SUI massive token unlock is set to happen on May 1st.
$SUI is an L1 blockchain with $1.7B in TVL, $350M in daily DEX volume and $63M in annualized revenue.
On 1st May, 88.34 million in SUI tokens worth $319 million will be unlocked.
The unlocked amount represents 3% of its market cap and 60% of the unlocked amount will go to the team and early investors.
This doesn't mean you need to short $SUI, as it's showing incredible strength so you could get liquidated.
Although, if $BTC momentum stalls, SUI could definitely experience a correction.
