SUI May Unlock Alert: Is it a Bottom Fishing Opportunity or a Distribution Scene?
This month, SUI will unlock 74 million tokens, directly releasing a massive 21.7% of the total supply! What does this number mean? It’s equivalent to one out of every five SUI tokens being unlocked, putting immense pressure on the market! Even more alarming is that exchange monitoring shows that large holders are frantically dumping SUI onto exchanges—are they fleeing or preparing a big move?
Right now, the price just crawled out of a pit at $1.7, riding the tailwind of Bitcoin to $3.4; this unlocking is like putting a knife to the throat of the bulls!
1️⃣ Large Holder Transfer = Sell-off Warning Signal! Don’t be fooled by the buzzwords like "ecological development"; wallet data is the most honest.
2️⃣ Price Stabilized: From $5.3 at the beginning of the year to $1.7 in April, now the rebound seems fierce, but the unlocking wave could smash the K-line back to the basement at any moment.
3️⃣ Fake Airdrop Scams Are Back! When you see a link promising free money, ask yourself: When has the SUI official ever given out benefits?
This wave of unlocking is like the Sword of Damocles hanging over SUI! If the team truly had confidence, they should learn from other projects and make a commitment to lock up funds. In this situation, it’s either that the project team has absolute confidence in the ecosystem or they are waiting to cut the leeks after the unlock. As retail investors, it’s better to miss out on the so-called "ecological dividends" than to be a bag holder!
Finally, a harsh word: Those playing SUI in May are either skilled and daring speculators or waiting to be harvested leeks. Choose wisely!
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