$SUI Holders — Major Unlock Incoming, Proceed with Caution

Heads up if you're holding $SUI:

74 million tokens are scheduled to unlock on May 1st, currently valued around $246 million.

While recent price action has been bullish, it doesn’t appear to be driven by retail demand.

On-chain data hints at whale accumulation, potentially driving prices up ahead of the unlock.

What This Could Mean:

Large unlocks often trigger significant sell pressure — especially when prices are rising beforehand.

This may be a classic setup where whales use hype to exit, leaving late FOMO buyers holding the bag.

If the rally continues, be cautious — it might be a bull trap.

Personal Take:

I’ve seen this play out before. Unlock hype draws attention, but I’ve learned to stay disciplined and avoid chasing green candles.

The chart may still look strong, but with this level of supply hitting the market, I’m watching closely for signs of a reversal.

Stay sharp. Don’t let emotions dictate your strategy.

Manage your risk — especially around major unlock events.

Your move:

Are you holding, selling, or waiting it out? Drop your thoughts below.

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