Sui [SUI] traded near $0.68 on July 29 as sellers pushed the token back towards a key support zone ahead of its scheduled August token unlock. Official tokenomics indicate the circulating supply will increase by around 22.2 million SUI during August—worth roughly $15.1 million at current prices—rather than a fresh $15 million unlock every day. Token Unlocks also identifies a 13.72 million SUI cliff unlock on August 1. Although the August token release could add to near-term selling pressure, the current downtrend began well before the scheduled unlock. That suggests broader market weakness, rather than the supply increase alone, has been driving recent price action.