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SUI token drops over 3% amid $1.14M liquidations on major crypto exchanges

Market News
23 Oct 2026
Tokenpost
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Bearish
SUI token drops over 3% amid $1.14M liquidations on major crypto exchanges

The SUI cryptocurrency token fell 3.22% within one hour, reaching $0.9422 on Binance's SUI/USDT market, and was down 3.16% over 24 hours. During the same hour, liquidations of long positions across Binance, Bybit, and OKX totaled $1.14 million, with no short position liquidations reported. SUI's market capitalization stands at approximately $3.97 billion, ranking it 29th among cryptocurrencies. This decline and liquidation activity indicate increased selling pressure on SUI in the short term.

While SUI dropped 3.22% in one hour according to the article, on Pluang it is down a smaller 1.44% over 24 hours as of Oct 24, 2026 06:21 WIB, trading at Rp17,303. Despite this decline, SUI's market cap on Pluang stands at Rp71.67 trillion with a 42% circulating supply of its total 10 billion tokens. The platform shows a balanced order activity with 46% selling and 54% buying, and typical hold time of 39 days, indicating steady investor interest amid short-term volatility.

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