Sui’s Big Unlocked Secret: Will the Market Survive the $103M Surprise?

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Oh, how the Sui price is taking a nap, and traders are all, “Oh no, here we go again!” 🧨 The market’s holding its breath, waiting for a $103M token unlock that’s probably going to be as thrilling as a rainy Tuesday. 📉

  • Sui’s price is currently playing hide-and-seek with the $2.48 mark, which is basically the bouncer at the club of stability. 🤡
  • DeFi TVL is now lower than my hopes for a successful dating profile. $1.74B? More like $1.74B of existential dread. 😭
  • Technical indicators are whispering, “Bears are lurking in the shadows, ready to pounce.” 🐾

Sui’s price dropped 5.7% in 24 hours, which is like tripping on a banana peel and then realizing you’re still in the grocery store. It’s now 56% below its all-time high-because nothing says “confidence” like a 56% haircut. 💸

Trading volume is like a toddler with a sugar rush: 12% increase to $1.33B. But don’t get too excited; derivatives volume is as low as my energy levels after a 3 a.m. snack. 🍫

This is the financial equivalent of sitting in a room with a ticking bomb and hoping it’s just a loud clock. 🕰️

Token Unlock: The Ultimate Party Pooper

On Nov. 1, 43.96 million SUI tokens will be unlocked, which is like opening a surprise package only to find it’s filled with more surprises. 🎁 The market is already sweating bullets, as if it’s been told it has to dance with a serial killer. 💃

Historically, these unlocks are like a hurricane in a teacup. And right now, the teacup is on fire. 🔥

Meanwhile, DeFiLlama is reporting that network activity is slower than a sloth on a treadmill. TVL dropped to $1.74B-lower than my motivation to exercise. 🏃‍♂️

But don’t despair! DEX volume is having a moment, like a teenager who finally finds their “thing.” $23B in October? More like $23B in delusional optimism. 🤯

Sui is also getting new friends (stablecoins) in Q4 2025, which might bring more money to the party. 🎉 Unless the party is a funeral. 🕯️

Institutional interest is growing, like a fungus in a dark, damp basement. Grayscale, Franklin Templeton, and a16z are all waving tiny flags of approval. 🎯

Sui Price Technical Analysis: The Drama Continues

SUI is still below every moving average, which is like trying to climb a mountain made of Jell-O. 🍯 The 10-day EMA at $2.48 is the bouncer, and the next support is at $2.23. If the price hits that, it’ll be the financial equivalent of a slap in the face. 💥

Momentum, MACD, and CCI are all giving “maybe” vibes, like a therapist who’s not sure if you’re lying. 🧠 Unless the price breaks $2.56, it’s still a bear’s playground. 🐻

If sellers keep their grip, Sui might hit $2.00. But if the unlock drama dies down, it could briefly flirt with $2.70. Because nothing says “optimism” like a token that’s as reliable as a promise from a politician. 🗳️

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2025-10-31 13:48