Sui ‘infrastructure partner’ to dump $20 million more amid selling spree
A Sui Foundation’s “infrastructure partner” was spotted selling $400 million worth of SUI tokens, raising market concerns and speculation. The whale has now prepared another $20 million worth of SUI in the wallet used for the ongoing selling spree. In particular, the decentralized finance (DeFi) analyst VIKTOR identified the account ‘0xbe90d(…)’ as Sui Foundation’s alleged “infrastructure partner.” On October 14, the account received 10 million SUI after briefly stopping a consistent $400 million selling spree. The analyst explained this whale receives tokens from two other accounts, one being the ‘0xa4da59(…),’ from this recent transaction. Notably, the origin accounts have approximately $430 million and $230 million worth of SUI in staking, supposedly under vesting contracts. Picks for you R. Kiyosaki advises how to 'survive and thri