Sui Drops 3.54% in One Hour to $1.13 as Long Liquidations Hit $3 Million

Sui (SUI) fell from $1.17 to $1.13 in one hour by 10:08 p.m. ET Tuesday (02:08 UTC), a 3.54% drop that extended its 24-hour loss to 5.20%. The price was measured on Binance's spot SUI/USDT market.

Long liquidations across Binance, Bybit and OKX totaled $3 million during the same hour, while short liquidations totaled $0 million. The figures indicate that leveraged long positions accounted for the recorded liquidations during the decline.

SUI ranked 28th by market capitalization at approximately $4.78926 billion.