Longs are paying just +0.010% to hold $SUI through today's bounce, which reads as spot buying, not a leverage chase. 🔍
The fuel is Hashi, the Bitcoin collateral network Sui announced Oct 8 with over $500M committed and a phased mainnet rollout due this month.
Price is $1.128, near the top of the 24h range, holding the move rather than fading it. ⚖️
The week is still -4.23%, so this is a bounce inside a red stretch until last week's levels clear.
I'm watching $1.052, the 24h low, as the level that says whether $SUI buyers stuck around. 👀
#SUI #FundingRates #Hashi #BitcoinDeFi
The fuel is Hashi, the Bitcoin collateral network Sui announced Oct 8 with over $500M committed and a phased mainnet rollout due this month.
Price is $1.128, near the top of the 24h range, holding the move rather than fading it. ⚖️
The week is still -4.23%, so this is a bounce inside a red stretch until last week's levels clear.
I'm watching $1.052, the 24h low, as the level that says whether $SUI buyers stuck around. 👀
#SUI #FundingRates #Hashi #BitcoinDeFi