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SUI Token Drops 9% as Institutional Selling Hits Harder Than Broader Crypto Market
Yahoo Finance·2025-11-04 03:08

SUI, the native token of the Sui network, plunged 9% to 2.10overthepast24hours,sharplyunderperformingthebroadercryptomarketduringasectorwideselloff.Thetokens4.892.10 over the past 24 hours, sharply underperforming the broader crypto market during a sector-wide selloff. The token's 4.89% lag behind the crypto market suggests the move wasn’t just about market weakness but that it was SUI-specific. The selloff carried the hallmarks of institutional liquidation. Prices dropped from 2.32 to test critical support, with trading volume surging 53% above the 7-day average. The spike in activity points to large-blo ...