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- Unlock date: February 1
- Number of tokens unlocked: 64.19 million SUI
- Current circulating supply: 3 billion SUI
Around 64.19 million SUI tokens worth approximately 2.13% of the supply will be unlocked on February 1, 2025. This is significant since it is valued at approximately $265 million and will unlock at 12 AM UTC. The unlocking of these coins may shift the market. Many holders choosing to sell their coins would likely reduce the price of SUI. But if demand is maintained or increases, the price could increase as well or remain stable.
At present, SUI trades at about $4.12, with a market cap of approximately $12.4 billion and a trading volume of about $1.98 billion. There is much trading activity and changes in prices during the unlock event so that investors would keep an eye on the changes that occur. More market fluctuation will also come in February because of other token unlocks. Hence, the following unlock is the most significant event for Sui and its investors, and their attention is strictly required.
|
Round |
% of Allocation |
|
Community Reserves |
+1.19% (+12.63M tokens) |
|
Stake Subsidies |
+1.68% (+15.94M tokens) |
|
Series A |
+2.78% (+19.84M tokens) |
|
Series B |
+2.78% (+19.32M tokens) |
|
Early Contributors |
+1.69% (+10.34M tokens) |
|
Mysten Labs Treasury |
+1.27% (+2.07M tokens) |
SUIUSD's major resistance and support
Major resistance- $5.35
Major support - $3.45
