Giant Whale Trader: The Sui Foundation has not disclosed the actual token emission amount, and holders may be diluted by 20% each month

ChainCatcher news, whale wallet trader @DefiSquared posted on social media that the Sui Foundation is deliberately distorting the SUI emission, with evidence proving that the Sui team is transferring "locked" and "non-circulating" SUI staking rewards to Binance for sale.

@DefiSquared stated that the actual supply of SUI is increasing daily, including emissions from "locked" SUI allocations (such as VC shares), which are freely unlocked without restrictions. The staking release is approximately equivalent to an additional release of 33,000,000 SUI per month, with about 250 million of the 600 million SUI circulating supply being non-basic circulating supply, meaning this release amount has increased the non-basic circulating supply by 10%. In addition to the monthly token supply, there are also 37 million non-basic circulating SUI from the Launchpad each month. This means that if investors hold SUI, their holdings will be diluted by about 20% each month.

Furthermore, according to on-chain data, the Sui Foundation, which holds nearly 3 billion non-circulating and locked staking SUI (six times the entire circulating supply), is selling unlocked rewards on the open market. The foundation's address (holding 2.7 billion SUI) has sent 27,000,000 SUI to the Binance platform. (source link)