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SUI increased by 12%, and the "L1 rotation is coming" post on the square is starting to queue up to go viral
I checked the unlock schedule
On May 1st, 42.62 million SUI was just unlocked, with a volume of $40.39 million. Among them, 19.32 million went directly to Series B investors— their cost is far below the current price of $1.08, and on June 1st, there are still 14.36 million in the next wave,
Now it’s up 12%, just right in the middle of two unlock waves.
The 19.32 million that Series B investors just received, guess what they plan to do?
They definitely wouldn’t choose to pull before or after an unlock.
For those who chase positions like this, I’m quite curious about your logic.
$SUI $BTC$ETH