2026-01-08 17:25:22

According to the latest data, as of January 7th this year, the SUI project team’s wallet has accumulated over 108.1 million SUI tokens, which are worth approximately $196 million at the current price. Interestingly, they also allocated $15.75 million specifically for market repurchases, acquiring 7.8 million tokens in a short period.

This continuous buying operation usually has two underlying implications. First, the project team is confident in its own development prospects. Second, holding such a large amount of tokens also signals a certain level of stability to the market. However, large holdings do not necessarily guarantee a price increase—much depends on ecosystem development, user activity, and overall market sentiment. Whether SUI can take off this time depends ultimately on its subsequent performance and market mood.

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GasGuzzler

· 01-11 04:24

The project team is spending so much money on buybacks, which shows they really know what they're doing.

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ApeWithNoChain

· 01-11 03:09

The project team's strategy of hoarding coins is essentially about stabilizing confidence, but just buying and holding isn't enough. It depends on whether they can really make a move later on.

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GasWaster

· 01-09 03:05

The project team hoarded 100 million coins, which sounds impressive, but we need to be aware that the real driving force depends on whether the ecosystem takes off. In simple terms, holding chips is just a signal; the real test comes afterward. How this wave of SUI will go depends on whether the market is willing to buy in; just hoarding coins is really not enough. The buyback of 7.8 million coins is more about stabilizing than optimism; it feels a bit like a pump. Whether SUI can take off really isn't decided by one person; the ecosystem needs to keep up.

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HackerWhoCares

· 01-08 17:55

Holding so much still can't move the market, indicating that the ecosystem still needs to keep competing.

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SchrodingerProfit

· 01-08 17:53

No way, I still don't believe the project's explanation. Holding coins ≠ confidence; it's mostly just market support. Let's see, if the ecosystem doesn't develop, it's all for nothing. What can be created from a pile of 196 million USD? Wait, will the buyback have to continue to cut losses? I'll stay on the sidelines until there's some movement in the ecosystem.

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Layer2Observer

· 01-08 17:51

Let me take a look at this data... 108.1 million tokens held in self-storage, plus a buyback of 15.75 million. This move is indeed worth pondering. However, one thing needs to be clarified: large holdings ≠ ability to pump the price. These are two different things. The key is still how active and genuine the ecosystem is; otherwise, it's just on paper.

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StillBuyingTheDip

· 01-08 17:51

The project team's recent moves are quite interesting; spending money to buy back tokens shows they still have confidence. With so many chips in hand, it depends on whether the subsequent ecosystem can truly keep up.

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ContractExplorer

· 01-08 17:38

The project team is buying aggressively, which shows they are confident. Now it's just a matter of whether it can truly be implemented later on.

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