Several major alternative cryptocurrencies including DYDX, Optimism (OP) and SUI dropped sharply as massive token unlocks weighed on prices.
Category: Sui
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Both protocols have seen their tokens drop more than ether in daily trading as the next unlocks inch closer.
The bug was found before Sui mainnet was live and the foundation granted a $500,000 award for the discovery.
Investors included FTX Ventures, Coinbase Ventures, Jump Crypto, a16z, Circle Ventures, among others.