You’ve got me stumped, $SUI —forever one day and I’m grinding at about +15.0%!
Binance SUIUSDT: current price around 1.1839, open 1.0293, high 1.2177, low 1.0045.
Approx. 855 million U in volume, about 3.51 million trades, open interest around 140 million coins ≈ 166 million U.
Market cap about $4.8B, rank about 31, up roughly +43% over 7 days—this scale isn’t a small-cap “sentiment-driven” move.
Public anchor points: On TokenPost/CMC, the 9/25 piece said short-term shorts were squeezed; on BN/Bybit/OKX, liquidations over about one hour were roughly $210k, with shorts around 200k. Around the same time, there were rumors on the Sui side about Bitwise’s tokenized RWA that could be used as collateral for Bluefin Lend, as well as expectations for financial products ahead of Basecamp in Singapore on 10/7–8.
My take: Liquidations push it up + the RWA-collateral narrative stacking on top of pre-meeting momentum—the heat on the chart is real. But the funding rate is already about +0.01%; if you chase, first see whether that 855 million U of trading volume can hold up and prevent a drawdown.
$SUI
Binance SUIUSDT: current price around 1.1839, open 1.0293, high 1.2177, low 1.0045.
Approx. 855 million U in volume, about 3.51 million trades, open interest around 140 million coins ≈ 166 million U.
Market cap about $4.8B, rank about 31, up roughly +43% over 7 days—this scale isn’t a small-cap “sentiment-driven” move.
Public anchor points: On TokenPost/CMC, the 9/25 piece said short-term shorts were squeezed; on BN/Bybit/OKX, liquidations over about one hour were roughly $210k, with shorts around 200k. Around the same time, there were rumors on the Sui side about Bitwise’s tokenized RWA that could be used as collateral for Bluefin Lend, as well as expectations for financial products ahead of Basecamp in Singapore on 10/7–8.
My take: Liquidations push it up + the RWA-collateral narrative stacking on top of pre-meeting momentum—the heat on the chart is real. But the funding rate is already about +0.01%; if you chase, first see whether that 855 million U of trading volume can hold up and prevent a drawdown.
$SUI
