SUI Price Weakens as Futures Traders Exit After Rally Fails
Key Insights
SUI failed to hold above $1.32 resistance after Basecamp optimism faded, pushing traders to reduce leveraged futures positions rapidly during Wednesday trading.
Open interest dropped from nearly $80 million to $68.45 million as funding rates turned negative, signaling weaker
SUI-0.73%
CryptoNewsLand·05-16 17:31
