Sui price declines ahead of a $103 million token unlock, with traders cautious amid recent support breaches and continued week-long weakness.
SUI’s price fell 5.7% in the past 24 hours to $2.35, extending a 5.5% decline over the past week as traders anticipate a $103 million token unlock that could weigh on short-term market resilience. This follows previous institutional selling pressure that pushed SUI below the $2.60 support level. Market sentiment remains cautious, with traders watching for potential volatility upon the unlock.