The sell wall is weighing on price, while shorts are still paying funding.
$SUI Binance: 0.977, down 6.1% on the day and 7.0% below the high.
Across the top five levels, asks total about 62k and bids about 18k—a 3.4x ask-to-bid ratio.
On OKX, shorts are paying about 0.012% in funding, with about 32.7m in open interest; HL has about 526m in open interest, density 0.28.
On-chain daily fees are about 4.6k, up 46% from the previous day.
The thick-wall tax is inverted—the fees are flowing, but the token price hasn’t caught on.
#SUI盘口 #L1 structure
$SUI Binance: 0.977, down 6.1% on the day and 7.0% below the high.
Across the top five levels, asks total about 62k and bids about 18k—a 3.4x ask-to-bid ratio.
On OKX, shorts are paying about 0.012% in funding, with about 32.7m in open interest; HL has about 526m in open interest, density 0.28.
On-chain daily fees are about 4.6k, up 46% from the previous day.
The thick-wall tax is inverted—the fees are flowing, but the token price hasn’t caught on.
#SUI盘口 #L1 structure
