BlockBeats news, on October 15, the Sui Foundation stated that in response to the accusation that "Sui insiders sold $400 million worth of tokens during the rise", the Sui Foundation wanted to respond directly to this person:

No insiders, including employees of the foundation or Mysten Labs (including the founder of Mysten Labs) and investors in ML sold $400 million worth of tokens during the rise, either individually or in combination. Insiders did not engage in any preemptive selling or violations of the lock-up and circulation supply plan.

Although the poster did not provide a wallet address, the Sui Foundation believes that the possible owner of the wallet is an infrastructure partner who owns the tokens and follows the lock-up plan. All token locks are performed by qualified custodians and are continuously monitored by the Sui Foundation, and the partner's operations are compliant.