SUI on-chain lending surges 8740% in 12 hours—sounds like money is entering. But in the same window, the spot long/short ratio is cut by 30.61%. Spot large orders show a net outflow of 34.87 million USD, with net outflows of 70.48 million USD over the past 3 hours. Of the last 12 capital “candles,” none have turned positive. Borrowed leverage isn’t used for hype—it’s used to suppress longs.
Whale accounts still keep the long-side ratio at 75.26% and refuse to let go, but the main players are continuously withdrawing from the spot market. This gap will have to be settled sooner or later. Derivatives open interest has been pulled down 4.44% over 7 hours; in the last 4 hours, momentum appears exhausted. The funding rate hovers around 0.01%, with no squeeze-fuel in sight. Price climbed from 0.7241 back to 0.752, but it hasn’t even reclaimed the 20-day moving average near 0.76. The rebound doesn’t look like a place to board—it looks more like distributing trapped positions outward.
Straight take: go short. 0.75–0.77 is the short entry zone. First target is the prior low at 0.7241. If that breaks, look below 0.70. Break the 7-day low at 0.6934, and it will continue to look lower.
Reversal signal: spot large orders’ net inflows turn consistently positive, and price stands back above 0.7695—when the main players truly come back, shorts will immediately admit defeat. #sui $SUI
Whale accounts still keep the long-side ratio at 75.26% and refuse to let go, but the main players are continuously withdrawing from the spot market. This gap will have to be settled sooner or later. Derivatives open interest has been pulled down 4.44% over 7 hours; in the last 4 hours, momentum appears exhausted. The funding rate hovers around 0.01%, with no squeeze-fuel in sight. Price climbed from 0.7241 back to 0.752, but it hasn’t even reclaimed the 20-day moving average near 0.76. The rebound doesn’t look like a place to board—it looks more like distributing trapped positions outward.
Straight take: go short. 0.75–0.77 is the short entry zone. First target is the prior low at 0.7241. If that breaks, look below 0.70. Break the 7-day low at 0.6934, and it will continue to look lower.
Reversal signal: spot large orders’ net inflows turn consistently positive, and price stands back above 0.7695—when the main players truly come back, shorts will immediately admit defeat. #sui $SUI
