Here are the details of #unlock token #SUI on May 1, 2025, at 12 AM UTC (or 9 AM JST/WIB May 1, 2025) :

🔓SUI Token Unlock Details :

- Amount : 74 million SUI (≈ $74 million USD, assuming a price of $1/SUI).

- Unlock Source : Investor/Core Team Funds (usually for early backers, development team, or ecosystem incentives).

- Percentage of Current Supply : ~3.2% (of a total supply of ~2.3 billion SUI).

- Unlock Type : Routine schedule (SUI performs monthly unlocks with varying amounts).

Potential Impact :

1. Sell Pressure : A large unlock from investors/teams could increase selling if recipients take profit.

2. Volatility : SUI has dropped 5-10% after previous unlocks, but recovered within a few days.

3. Historical Cycle : The April 2024 unlock (34.6 million SUI) caused a brief correction before #rebound .

Things to Watch :

- Trading Volume : Is there a significant increase around the unlock date.

- Market Sentiment : News or developments in the SUI project (e.g., integration #DeFi , new partnerships).

- Holder Behavior : Do the unlocked tokens get moved directly to #exchange or to #stake .

Notes :

- SUI is a rapidly growing layer-1 project ( #TVL on the network >$700 million), so strong #fundamentals could dampen the negative impact of the unlock.

- If you hold SUI, monitor the support levels of $0.90-$1.00 as key areas post-unlock.