The post Sui (SUI) Price Prediction: Sui Token Unlock Raises Red Flags—What’s Next for Price Action? appeared on BitcoinEthereumNews.com.

With 117.47 million SUI tokens entering circulation—worth approximately $120 million—the sudden surge in supply has fueled investor concerns over potential price declines. While some traders brace for further downside, others are watching closely for signs of a market rebound. Large Token Unlock Triggers Caution The Sui Network executed a scheduled unlock of 44 million coins on Tuesday, a move that has raised eyebrows in the broader crypto space. This release has pushed Sui’s circulating supply to around 3.45 billion tokens, which now accounts for 34.46% of the total supply. The remaining 5.22 billion tokens—over half the total supply—are yet to be unlocked, suggesting that more supply pressures could follow in the months ahead. On July 1, 2025, Sui will unlock 44 million SUI tokens worth $77.35 million, allocated across Series B investors, the Community Reserve, Early Contributors, and the Mysten Labs Treasury. Source: Neev Crypto via X Market analysts have long warned about the effects of large token unlocks. These events often lead to increased selling pressure, particularly if early investors or contributors choose to offload their holdings. In Sui’s case, this dynamic is compounded by weakening market sentiment. The token has already seen a 15.5% decline over the past 30 days, reflecting broader concerns around geopolitical instability and fading risk appetite. “The market’s nervousness is evident,” one analyst noted. “Token unlocks rarely go unnoticed, especially when the asset has already been under pressure.” Key Support Levels Under Threat According to technical analysts, SUI’s price is hovering between $2.42 and $2.66, a critical short-term support zone. A decisive breakdown below $2.42 could lead to a slide towards $2.09, where some buyers may look to defend positions. Historical price action and Fibonacci retracement levels—at 35.20%, 50.01%, and 61.80%—are also being eyed as potential reversal zones. SUI has broken below its ascending…

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Filed under: News - @ July 2, 2025 3:31 am