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CoinGape

Sui Foundation Clears the Air on $400 Million Insider Selling, SUI Price Drops

CoinGape
Summary
Nutrition label

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.

VR Score

43

Informative language

30

Neutral language

24

Article tone

formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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