Sui Foundation Insider Selling Allegations
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SUI tokensCoinGape
•Sui Foundation Clears the Air on $400 Million Insider Selling, SUI Price Drops
65% Informative
Sui Foundation faces allegations of insider selling involving high-frequency transfers to major exchanges.
Analyst @lightcrypto pointed out wallet activity involving over 82.6 million SUI tokens redeemed and transferred.
Foundation clarified these tokens likely belong to infrastructure partners adhering to lock-up periods.
Popular crypto analyst Ali Martinez has flashed a warning signal cautioning investors to build fresh SUI positions.
Some market analysts have also been predicting that SUI will drop 43% ahead.
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