SUI Major Unlock: The sickle is sharpening, and the leeks are counting their heads!

SUI is about to unlock over 500 million tokens in May, accounting for 21.7% of the total supply! It's set to create a massive hole in the market—one in every five SUI tokens will be unlocked, and that pressure is real.

What’s even more explosive is that on-chain data shows that large holders are frantically transferring SUI to exchanges; this action is too obvious—is it a complete liquidation or a long-planned major move?

Right now, the coin price has just rebounded from a deep pit of $1.7 to $3.4, only to face this wave of unlocking. Simply put, it's like handing a knife to the bulls.

Let’s break this down:

Large holder transfers = potential selling signal

The phrase “ecological benefits” is just talk; on-chain data never lies.

Illusion of a rebound?

At the beginning of the year: $5.3 → April: $1.7 → Now: $3.4, seeming strong, but in reality, there are undercurrents. This wave of unlocking could hammer the market down to the basement in no time.

New tricks of airdrop scams?

Don’t be foolish and click on those “free airdrop” links; when has SUI ever truly given out benefits? Be careful of phishing scams.

This wave of unlocking is like the sword of Damocles hanging over SUI. If the team is genuinely committed to building the ecosystem, they should make a lock-up commitment; this current operation either shows they really have confidence, or they are waiting to harvest retail investors after the unlock.