SUI Unlocks $9.76M Tokens on August 1 Amid 82.8% ATH Decline
13.72 million SUI tokens unlock on August 1, totaling $9.76M. This follows four recent unlocks worth $16.1M, with 40.6% of the total distribution plan now completed.
Woofun AI reports that 13.72 million SUI tokens will be unlocked on August 1, valued at approximately $9.76 million. The release comprises 7.65 million tokens for early contributors, 4 million for community reserves, and 2.07 million for the Mysten Labs Treasury.
Over the preceding 30 days, four separate unlock events released 22.6 million tokens worth roughly $16.1 million. Cumulatively, 40.6% of the total distribution plan has been executed. The largest allocation categories remain Others at 52.2%, Community at 26.0%, and Private Investors at 14.1%. SUI is currently trading at $0.7136, representing an 82.8% decline from its all-time high set approximately one year ago.
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