Sui (SUI) price trades around $0.94 at press time on Tuesday, holding steady after a 7% surge the previous day. The rebound aligns with renewed interest from large wallet investors, commonly referred to as whales, and on-chain demand.
Sui (SUI) declines by 3% at press time on Tuesday, extending the downside breakout of a short-consolidation range confirmed the previous day. Retail sentiment is bearish, as evidenced by increased long liquidations and a sharp drop in the funding rate.
Sui (SUI) price trades above $1.95 near a two-month high at the time of writing on Tuesday, extending its rally after printing six consecutive green candlesticks.