【CryptoWorld】The SUI ecosystem has been quite lively recently. A token worth $80.41 million is about to flow into the market, accounting for 1.11% of the circulating supply. Among them, early contributors hold a share of as much as $12.58 million, and the movements of these old shareholders often reveal many signals.
Strangely, the market has shown a very divided appearance. SUI has increased by 3.45% in 24 hours, with the price rising above $1.41, which looks good. However, trading activity is declining, with trading volume dropping 8.99% to $291.41 million, indicating that there isn’t much trading volume supporting the rise. More straightforwardly, spot investors have net outflows of $5 million in the past two days.
But that’s not the whole story. The total value locked (TVL) in the ecosystem surprisingly continues to rise, reaching $922.25 million, with $24.8 million in new funds attracted in 24 hours. On the perpetual contract market, long positions are quietly increasing. It seems some smart money is positioning against the trend, but no consensus has formed yet.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
5
Repost
Share
Comment
0/400
LightningHarvester
· 8h ago
Early contributors are about to move, and this unlock might cause a dump.
The price increase is impressive, but the trading volume is dropping, which is outrageous.
TVL is actually rising? This data is a bit surreal.
Spot investors have left, are the bulls still sleepwalking?
It feels like a change is coming; is it time to short?
View OriginalReply0
CryptoTarotReader
· 8h ago
Early contributors are about to dump, is this really the time to cut the leeks?
---
The price has increased nicely but the trading volume is weak, I’ve seen this trick before...
---
TVL is still rising, which means some people still believe, but I’m not too convinced.
---
Over $80 million unlocked, should the old guys start to run?
---
Net outflow of $5 million in spot trading indicates that smart money has already started to withdraw.
---
Price is rising but trading volume is declining? What else could this be but a fake move?
---
Are the long contracts still dreaming? Spot traders are already fleeing.
---
SUI is a bit suspicious this time, we need to wait for the old shareholders’ moves.
---
Looks like a good rise, but is anyone really buying?
---
The increase in TVL is interesting; maybe the ecosystem still has a story to tell.
View OriginalReply0
JustHereForMemes
· 8h ago
This tug-of-war between gains and losses is interesting; everything seems perfect on the surface but is actually fake behind the scenes.
Early contributors are about to dump, be cautious.
Trading volume is dropping but prices are still rising—feels like a trap.
TVL is increasing, but spot investors are fleeing—something's off.
The unlocking wave is coming, over $80 million hanging overhead.
The actions of old shareholders are the most critical—let's see how they operate.
Wait, the price is up 3.45% but trading volume is down 9%—that logic is a bit absurd.
Active trading is declining yet prices are rising—this game of "dolling" has begun.
Spot investors have already voted with their feet.
TVL is going up, which is quite strange—but are they really willing to take the risk?
If this unlocking wave crashes down, it will probably be another good show.
No, a net outflow of $5 million is still here, pretending to be bullish.
Wake up, everyone—this is not a good sign.
View OriginalReply0
BrokenDAO
· 8h ago
Unlocking the trend with rising TVL, this combination is quite interesting... Early arbitrageurs should probably exit now, as this is another classic scenario of "impressive data, fading popularity."
View OriginalReply0
HashBrownies
· 9h ago
What did it go up for? The trading volume is still falling. So many old shareholders want to dump, they should have sold already.
SUI token large-scale unlocking imminent, market陷入bull and bear tug-of-war
【CryptoWorld】The SUI ecosystem has been quite lively recently. A token worth $80.41 million is about to flow into the market, accounting for 1.11% of the circulating supply. Among them, early contributors hold a share of as much as $12.58 million, and the movements of these old shareholders often reveal many signals.
Strangely, the market has shown a very divided appearance. SUI has increased by 3.45% in 24 hours, with the price rising above $1.41, which looks good. However, trading activity is declining, with trading volume dropping 8.99% to $291.41 million, indicating that there isn’t much trading volume supporting the rise. More straightforwardly, spot investors have net outflows of $5 million in the past two days.
But that’s not the whole story. The total value locked (TVL) in the ecosystem surprisingly continues to rise, reaching $922.25 million, with $24.8 million in new funds attracted in 24 hours. On the perpetual contract market, long positions are quietly increasing. It seems some smart money is positioning against the trend, but no consensus has formed yet.