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Sui (SUI) Drops 3.96% in One Hour as Long Liquidations Hit $790,000

SUI fell to $1.11 at 9:33 p.m. ET Sept. 28, down 12.39% over 24 hours, while no short liquidations were recorded in the same hour.

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Teal token beside a red downward market indicator / TokenPost.ai
Teal token beside a red downward market indicator / TokenPost.ai

Sui (SUI) fell 3.96% in one hour to $1.11 at 9:33 p.m. ET Sept. 28 (1:33 a.m. UTC Sept. 29), extending its 24-hour decline to 12.39%.

SUI dropped from $1.16 to $1.11 on Binance’s spot SUI/USDT market during the hour. The token ranked 29th by market capitalization, with a market value of about $4.71588 billion.

Long liquidations totaled $790,000 across Binance, Bybit and OKX during the same period, while short liquidations totaled $0. The data indicate that leveraged long positions accounted for the recorded liquidations as SUI moved lower.

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