⚠️ $SUI prepares for its largest unlock to date this Sunday

The Sui Network (SUI) will unlock over $200 million in tokens this Sunday, December 1, as part of its schedule.

This will be Sui’s largest cliff unlock (in USD nominal value) to date.

Every month, on day one, Sui unlocks 64.19 million tokens from vested contracts, distributed to five pre-defined categories:

- Series B: 19.32M SUI ($66.27M)

- Series A: 19.84M SUI ($68.04M)

- Mysten Labs Treasury: 2.07M SUI ($7.10M)

- Community Reserve: 12.64M SUI ($43.31M)

- Early Contributors: 10.34M SUI ($35.46M)

Private Series A and B investors receive the most, getting over 19 million SUI each, for 61% of the total. Mysten Labs gets the remaining 25.03 million, reserving 12.63 million for the community, 10.34 million for early contributors, and 2.07 million for its treasury.

At current prices, Sunday’s unlock will be worth $220.19 million as SUI changes hands by $3.59 per token.

This is nearly twice as much as the cliff unlock from November 1, worth $126.68 million at $1.97. In October, the project unlocked the same amount of tokens worth $105 million.

// Source: @Tokenomist_ai

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