SUI Token Unlocks $9.76M on August 1 Amid $0.70 Support Test

SUI token will unlock 13.72 million tokens worth $9.76 million on August 1, following 22.6 million tokens released across four events during the past 30 days. The scheduled releases follow the project's vesting plan, which has completed 40.6% of its total schedule. The token continues consolidating near $0.7193 after rebounding from the $0.70 support zone to a local high near $0.7875 by July 21, with the unlock occurring as the market waits for fresh direction amid ongoing supply expansion.

SUI Token Distribution Allocates 13.72 Million Across Three Categories

Early contributors receive 7.65 million SUI in the August 1 unlock. The community reserve unlocks 4 million tokens, while the Mysten Labs treasury releases 2.07 million tokens. The project has completed 40.6% of its vesting schedule, with further releases scheduled ahead.

SUI Price Consolidates Between $0.70 Support and $0.7875 Resistance

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 recent decline developed gradually rather than through aggressive selling. RSI cooled to 43.59 after approaching 60. The MACD histogram flattened, while the MACD and signal lines continue converging without producing a decisive bearish crossover. The $0.70 level remains the critical support, while $0.7875 represents the resistance level.

SUI Spot Volume Declines to 47.7 Million Amid Stable Exchange Reserves

SUI's spot trading volume fell to 47.7 million, marking one of its lowest levels over the past year. Exchange inflows and reserves stayed relatively stable. Open Interest stands near $495 million with neutral funding rates reflecting balanced positioning. Spot CVD remains a key metric for assessing demand strength.

FAQ

How many SUI tokens will unlock on August 1? 13.72 million SUI tokens worth $9.76 million will unlock on August 1. Early contributors receive 7.65 million SUI, the community reserve unlocks 4 million tokens, and the Mysten Labs treasury releases 2.07 million tokens.

What is SUI's current price level and support zone? SUI traded near $0.7193 at press time with a 1.7% daily gain. The token rebounded from the $0.70 support zone to a local high near $0.7875 by July 21 before retracing to $0.7183. The $0.70 level remains the critical support.

How much of SUI's vesting schedule has been completed? The project has completed 40.6% of its vesting schedule, with 22.6 million tokens released across four events during the past 30 days and further releases scheduled ahead.