$SUI slips 2.23% to $3.65
Selling pressure followed a $162M token unlock (1.3% of supply) on Aug 1, part of monthly releases scheduled until 2030.
- Daily unlocks >$1M continue this week.
- Circulating supply: 3.51B SUI
- Volume down ~14% to $1.15B
Why it matters:
Unlock-driven supply growth met weaker demand, trimming speculative leverage. While this can clear the way for healthier accumulation, the $3.52–$3.60 support level will determine if this is a mild correction or the start of deeper losses.
