🚨 SUI: OI $104.39M, large capital inflows are coming in!
Large capital is pouring into Sui ($SUI ) with Open Interest (the total amount of money currently in open positions) reaching $104.39M! The SUI price also jumped 5.4% in the past 24 hours. 🚀
A slightly positive funding rate suggests that the Long side is in control, willing to pay fees to maintain positions. Liquidation pressure could come from both sides if the market experiences strong volatility.
Is this a sign of a new growth run, or just liquidity to let the whales accumulate? If you were in this position, how would you react to this signal?
Reference information only, not investment advice. DYOR.
#SUI #FedOctoberRateHikeOddsFallTo17%
Large capital is pouring into Sui ($SUI ) with Open Interest (the total amount of money currently in open positions) reaching $104.39M! The SUI price also jumped 5.4% in the past 24 hours. 🚀
A slightly positive funding rate suggests that the Long side is in control, willing to pay fees to maintain positions. Liquidation pressure could come from both sides if the market experiences strong volatility.
Is this a sign of a new growth run, or just liquidity to let the whales accumulate? If you were in this position, how would you react to this signal?
Reference information only, not investment advice. DYOR.
#SUI #FedOctoberRateHikeOddsFallTo17%
