$550M Worth of Token Unlocks This Week, SUI in Spotlight
The post $550M Worth of Token Unlocks This Week, SUI in Spotlight appeared on BitcoinEthereumNews.com.
Key Notes SUI will unlock over 44 million tokens worth $158 million between May 26 and June 1. The total value of this week’s scheduled token unlocks surpasses $549 million. SUI saw a 40% spike in its 24-hour volume, signaling heightened trader interest. While the cryptocurrency traders are still waiting for a notable altcoin rally, over $549 million worth of token unlocks are scheduled this week. Data by Tokenomist reveals that between May 26 and June 1, SUI SUI $3.65 24h volatility: 5.3% Market cap: $12.18 B Vol. 24h: $1.76 B is set to release over 44 million tokens worth $158 million. This massive release could increase circulating supply sharply, potentially impacting token’s price action. According to Tokenomist, major token unlocks exceeding $5 million in a single event are scheduled in the next 7 days for SUI, BIO, OP, KMNO, ZETA, ALT, VENOM, REZ, and DYDX. Additionally, large-scale linear unlocks exceeding $1 million per day are expected for SOL, WLD, TIA,… pic.twitter.com/yoHBtZoo2I — Wu Blockchain (@WuBlockchain) May 25, 2025 BIO follows with a $29.39 million unlock, with OP, KMNO, and ZETA also featuring unlocks ranging between $10–25 million. DYDX, VENOM, ALT, and REZ are also set for unlocks above $5 million. Meanwhile, several cryptocurrencies, including SOL, WLD, and AVAX, are set for linear unlocks, each releasing over $1 million worth of tokens per day. These unlocks can trigger immediate price pressure on the altcoins due to increased supply. However, if demand keeps pace among “greedy” traders, downward volatility may soon be over. SUI Price Outlook At the time of writing, SUI is trading around $3.63, up 2% in the last 24 hours. The cryptocurrency has also recorded a 40% surge in its 24-hour trading volume, currently sitting at $972 million. Popular trader Coinvo pointed out that SUI is nearing a…
Filed under: News - @ May 26, 2025 10:26 am