The Sui Foundation tweeted in response to the market news of “selling staking rewards to the market”, saying that the on-chain transactions previously tracked by DefiSquared were payments subject to the contract lock-up period. The Sui Foundation stated that it has not yet sold staking rewards or any other tokens for locked and non-negotiable SUI on Binance or elsewhere. All token distributions remain subject to their lock-up periods and other transfer restrictions. The Sui Foundation will soon publish a detailed plan of the token unlocking schedule. Foresight News previously reported that DefiSquared, the top 10 whale wallet address trader on DeBank, said that according to the information on the chain, the Sui Foundation will continue to sell the pledge rewards to the market, and the Sui team deliberately concealed the actual release amount and is "locking" Staking rewards for SUI and “non-negotiable” SUI are sold on Binance.