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SUI Records Substantial 120% Price Surge, But Insider Selling Claims Raise Red Flags

  • SUI, the Layer 1 blockchain protocol, has seen a substantial 120% price surge in the past 30 days.
  • Concerns have been raised about insider selling claims among SUI stakeholders, causing the token to retreat by 5%.
  • Expert LightCrypto questions the sustainability of SUI's gains and the disparity between its valuation and Solana's.
  • Allegations of insider selling and potential market correction loom large, but SUI continues to attract investor interest.

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