The post SUI, BIO, and OP Tokens Set for Unlock Next Week – Coincu appeared on BitcoinEthereumNews.com.

Key Points: SUI, BIO, OP, and others prepare for major unlocks impacting token circulation. Market impact expected with over $154 million SUI tokens unlocking. Volatility anticipated as high unlock percentages may trigger market reactions. PANews reported that significant token unlocks are scheduled for late May to early June, impacting cryptocurrencies like SUI and BIO. These unlocks highlight a pivotal moment for the tokens, potentially increasing market volatility and trading volume in the blockchain space. Upcoming SUI and BIO Unlocks Could Shake Markets Token unlocks for SUI and BIO are set to occur next week, with Sui’s 44 million tokens released on June 1, accounting for 1.32% of its circulation, valued at approximately $154 million. Bio Protocol will release 339 million tokens, a significant figure equivalent to 20.22% of its circulation. The anticipated unlocks are expected to introduce substantial shifts in market supply for these tokens. Typically, such events translate to increased volatility and liquidity adjustments as investors respond to the expanded supply. As Evan Cheng, CEO of Sui, noted, “Major unlocks in projects like Sui or Optimism often lead to supply-side volatility, but actual market impact depends heavily on concurrent market sentiment and liquidity conditions.” Market observers are closely monitoring the developments. As of now, no direct statements from key leadership figures have been recorded, though exchanges like Binance and MEXC have highlighted these events for traders to watch. Past token unlock cycles have shown this can spur short-term price movement. SUI Price Trends and Analysts Warn of Volatility Did you know? Large-scale token unlocks, like BIO’s 20.22% of circulating supply, historically lead to notable short-term price volatility, often aligning with increased trade volume as observed in previous cycles involving similar projects. Sui’s price currently stands at $3.54 with a market cap of $11.82 billion, making up 0.35% of the…

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Filed under: News - @ May 25, 2025 9:26 pm