{"id":50349,"date":"2025-09-30T18:31:41","date_gmt":"2025-09-30T18:31:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=50349"},"modified":"2025-09-30T18:31:41","modified_gmt":"2025-09-30T18:31:41","slug":"sui-declines-3-as-144m-token-unlock-spurs-selloff","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=50349","title":{"rendered":"SUI Declines 3% as $144M Token Unlock Spurs Selloff"},"content":{"rendered":"<div>\n<p>SUI, the native token of the Sui network, fell 3.3% over the past 24 hours, slipping from $3.32 to $3.21 as traders hit the sell button.<\/p>\n<p>The token broke through its $3.26 support late in the session, a move that confirmed downward momentum and brought the asset closer to the $3.20 psychological threshold, CoinDesk Research&#8217;s technical analysis model found.<\/p>\n<p>The move came as the broader crypto market, measured by the CoinDesk 20 Index, fell about 2% over the past 24 hours.<\/p>\n<p>Volume data underscored the selling conviction. Transactions spiked well above the daily average of 6.9 million on two occasions, suggesting coordinated exits by large holders.<\/p>\n<p>The pressure comes as SUI Corporation begins a <a href=\"https:\/\/x.com\/eyezenhour\/status\/1972940338743705697?s=46&amp;t=GB3EbtFKrQy-VuFozGCyWA\">$143.9 million token unlock<\/a>, releasing 44 million tokens between Sept. 29 and Oct. 6. This is one of the largest scheduled distributions in a week, which will see more than $773 million worth of cryptocurrency vesting events. <a href=\"https:\/\/x.com\/_tokenhunter\/status\/1971213109328216213?s=46&amp;t=GB3EbtFKrQy-VuFozGCyWA\">Similar unlocks <\/a>from projects like Ethena ($126.8 million), Eigen ($68.6 million), and Optimism ($21.3 million) are weighing on sentiment across the sector.<\/p>\n<p>For traders, the concern is twofold: technical weakness and fresh supply. Even if demand stays flat, the extra supply can pressure prices lower, forcing difficult allocation decisions.<\/p>\n<p>With altcoins broadly under pressure, the next test for SUI will be whether buyers defend the $3.20 level or allow further downside as the unlock cycle continues.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>SUI, the native token of the Sui network, fell 3.3% over the past 24 hours, slipping from $3.32 to $3.21 as traders hit the sell button. The token broke through its $3.26 support late in the session, a move that confirmed downward momentum and brought the asset closer to the $3.20 psychological threshold, CoinDesk Research&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-50349","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50349"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50349\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}