Three days ago I told you the August 1 $SUI unlock was noise, not a cliff. Screenshot it, check back on the 1st. Same call I made on July 1. It's the 1st+. Here's what the unlock did to the price: Nothing. 13.7M SUI unlocked. SUI is $0.68 exactly where it sat before. No dump, no cliff, absorbed in an hour. Same as July 1. That's twice now, same call, same result. This is the whole point of sizing. 0.14% of supply was never going to move a $2.8B market. The accounts that screamed "unlock dump incoming" were wrong both times, and they'll be wrong the next time too. If anything, capital leaned in TVL up 3% today, inflows spiked to $280K into the unlock, not out of it. SUI's problem was never the unlocks. It's the same one it's had all month: weak tape, BTC going nowhere. Blame the right thing. Two unlock calls, two clean reads.

Aug 3, 2026 · 8:06 AM UTC

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Replying to @benjamin_woods
This just said it all: SUI's problem was never the unlocks. It's the same one it's had all month: weak tape, BTC going nowhere. Blame the right thing.
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Replying to @benjamin_woods
Happens when the chain is dead with no community… and/or if the top guns are ones that recieved unlock and waiting to dump once there’s price action… I still won’t buy till under .40!!!
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Replying to @benjamin_woods
It will be interesting to see how this week goes with the whole Japanese yen issue going on. It could be the “ FTX” event that marks the bottom if we get a liquidation Then it will be reversal time!
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Replying to @benjamin_woods
You nailed it! $SUI demonstrating zero fear during that massive unlock proves solid fundamentals are driving the price action.
Replying to @benjamin_woods
What's the right thing to blame? BTC stagnance?
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Replying to @benjamin_woods
Sui's problem is lack of adoption
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