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SUI token drops 7% in 24 hours amid heavy short liquidations on Binance and other exchanges

Market News
30 Oct 2026, 01:11 WIB
Tokenpost
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Bearish
SUI token drops 7% in 24 hours amid heavy short liquidations on Binance and other exchanges

The SUI cryptocurrency fell 6.02% in four hours to $0.8797 on Oct. 29, extending its 24-hour loss to 7.04%. The decline reflects a drop from $0.9361 earlier that day. Liquidations on Binance, Bybit, and OKX showed $20,000 in long and $60,000 in short positions closed within one hour, indicating stronger selling pressure. SUI's market cap stands at about $3.69 billion, ranking it 30th in the crypto market, highlighting notable volatility and investor caution.

SUI is trading at Rp16.188 on Pluang, down 6.13% as of Oct 30, 2026 05:22 WIB, closely matching the article's reported decline. The platform shows a market cap of Rp66,92 trillion and a 24-hour volume of Rp9,79 trillion, with 60% of orders leaning towards selling. This aligns with the article's note of increased selling pressure and highlights ongoing volatility in SUI's trading activity.

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