$120M Token Unlock Wave Incoming — SUI and JUP Holders, Brace Yourselves

Supply Shock in the Worst Possible Timing

As if the market needed more sell pressure, a $120 million token unlock wave is about to hit. SUI and JUP are the headliners, and both communities should be sweating.

SUI is already down at $0.92 (-2.7%). JUP hasn't been spared either. Now imagine dumping $120M worth of freshly unlocked tokens into a market where the Fear & Greed Index is literally at 5. That's not a recipe for recovery — that's a recipe for pain.

Why Token Unlocks Matter More in Bear Markets

In a bull market, unlocks get absorbed. Buyers are hungry, liquidity is deep. But right now? Total market cap is $2.37T and falling. Every major asset is red. ETF outflows hit $415M last week. There is simply no bid to absorb this supply.

The unlocked tokens typically go to VCs, early investors, and team members — entities that have been sitting on massive unrealized gains even at current prices. The incentive to sell is enormous.

The Play

If you're holding SUI or JUP, this week demands attention. Watch the unlock dates, watch the on-chain flows post-unlock, and have a plan before the tokens hit the market. Hope is not a strategy when $120M of supply is staring you down.

For everyone else — these unlocks could create the capitulation wick that marks the local bottom. Sometimes the best trades come from other people's forced selling.