SUI Token Drops 9%: Impact of Institutional Sales

Decline of SUI Token and Trading Volume

SUI has decreased by %9 in the last 24 hours, falling to $2.10. This decline is nearly %5 higher than the average drop in the overall cryptocurrency market.

The trading volume has risen significantly by %600, and SUI broke through an important support level, revealing the impact of institutional selling.

Market Reaction and Buying Power

Previously experiencing a sharp rebound from the $2.04 level, SUI continues to stay below the $2.13 level, indicating a weak response from buyers.