SUI slips 3% as a significant token unlock adds to broader market sentiment challenges, with over $773 million in unlocks across projects this week.
SUI fell 3.3% over the past 24 hours, dropping from $3.32 to $3.21. The price broke through key support at $3.26, with a $143.9 million token unlock releasing 44 million tokens this week adding further downward pressure. The broader market also experienced losses, and altcoins face uncertainty due to over $773 million in scheduled unlocks. The next key test for SUI is whether it can hold the $3.20 level.