The post SUI Open Interest Explodes 92%, SUI Price Prediction appeared first on Coinpedia Fintech News
Amid this market volatility, the overall cryptocurrencies are experiencing a massive rally including top assets such as Bitcoin (BTC) and Ethereum (ETH). During this uptrend, SUI is making a wave following its bullish chart and significant price surge in the last 24 hours.
SUI price analysis
As of writing, SUI is trading near $0.86 and has experienced a significant 32% price surge in the last 24 hours. Additionally, SUI’s trading volume has also skyrocketed by 73% during the same period. This notable increase in trading volume suggests higher participation from investors in the last 24 hours.
SUI open interest soars to 92%
Additionally, SUI’s open interest has also exploded. According to an on-chain analytic firm CoinGlass, its open interest has surged by 92% in the last 24 hours. Whereas, 12% in the last hour. This remarkable surge in open interest indicates growin
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