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SUI Faces $262M Token Unlock — Can the Bullish Momentum Survive the Selling Pressure?

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Sui (SUI) is heading into a critical week. 74 million tokens, valued at approximately $262.88 million, are scheduled for unlocking between April 28 and May 5. This represents 2.27% of the token's circulating supply. This large unlock event introduces risk. Historically, token unlocks increase the circulating supply, often leading to higher selling pressure, especially if […]

The post SUI Faces $262M Token Unlock — Can the Bullish Momentum Survive the Selling Pressure? appeared first on Coinchapter.

4h ago
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