SUI Unlocks 13.72M Tokens Worth $9.76M on August 1

Sui [SUI] will unlock 13.72 million tokens worth $9.76 million on August 1 as part of its scheduled vesting plan. The release follows 22.6 million tokens distributed across four events during the past 30 days. The project has completed 40.6% of its total vesting schedule, with ongoing releases continuing to expand circulating supply while the token trades at $0.7193.

SUI Token Unlock Allocates 7.65M to Early Contributors

The August 1 unlock distributes tokens across three categories. Early contributors receive 7.65 million SUI, while the community reserve unlocks 4 million tokens. Mysten Labs treasury releases 2.07 million SUI. The distribution follows the project's predetermined vesting timeline, with 40.6% of the total schedule now completed.

SUI Price Holds $0.70 Support After Retracement from $0.7875

SUI rebounded from the $0.70 support zone to a local high near $0.7875 by July 21 before retracing to $0.7183. The token traded near $0.7193 at press time, posting a 1.7% daily gain. The RSI cooled to 43.59 after approaching 60, while the MACD histogram flattened as the MACD and signal lines converged without producing a bearish crossover. The $0.70 level remains the critical support threshold, with $0.6492 as the next downside target and $0.7875 as the resistance level.

SUI Spot Volume Drops to 47.7M as Open Interest Reaches $495M

SUI's spot trading volume fell to 47.7 million, marking one of its lowest levels over the past year. Exchange inflows and reserves remained relatively stable despite the recent token unlocks. Open Interest measured near $495 million with neutral funding rates. Spot CVD (Cumulative Volume Delta) showed balanced positioning across derivatives markets.

FAQ

How many SUI tokens will unlock on August 1? 13.72 million SUI tokens worth $9.76 million will unlock on August 1, distributed among early contributors (7.65 million), community reserve (4 million), and Mysten Labs treasury (2.07 million).

What is SUI's current price and key support level? SUI traded at $0.7193 at press time with a 1.7% daily gain. The token holds the $0.70 support level after retracing from a local high of $0.7875 reached on July 21.