We are seeing massive sui:native outflows on-chain, flooding into CEXs at a volume we haven't witnessed in over a year. The last time we saw a CEX inflow spike like this was Jan 13, 2024. Back then, sui:native was trading at ~$1.80 before dumping below $0.90 just a month later.

SUI-2.8%
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Criptoberluc
· 7h ago
The massive movement of assets from the native network to centralized exchanges (CEXs) is almost always interpreted by the market as preparation for liquidation.
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