SUI dropped 13.6% over the past 24 hours; the high was 0.954 and the low was 0.77. The current price is around 0.7968.
The long/short ratios across the six major exchange accounts are all leaning long: Binance 71.8%, OKX 74.0%, Bybit 77.6%, Bitget 82.9%, HTX 70.8%, and Gate 69.8%, with an average of 74.5% of accounts positioning for longs.
As a result, of the $10.78 million liquidated in the past 24 hours, $9.75 million was from long positions—90.4%. In the most recent hour, it was even more extreme: of $276,000 liquidated, $275,000 was longs—98.3%.
Retail traders added to positions while getting liquidated repeatedly. In this downturn, the long side was nearly wiped out.
coinboss.com/liquidations/SUI
The long/short ratios across the six major exchange accounts are all leaning long: Binance 71.8%, OKX 74.0%, Bybit 77.6%, Bitget 82.9%, HTX 70.8%, and Gate 69.8%, with an average of 74.5% of accounts positioning for longs.
As a result, of the $10.78 million liquidated in the past 24 hours, $9.75 million was from long positions—90.4%. In the most recent hour, it was even more extreme: of $276,000 liquidated, $275,000 was longs—98.3%.
Retail traders added to positions while getting liquidated repeatedly. In this downturn, the long side was nearly wiped out.
coinboss.com/liquidations/SUI