SUIG Defies Market Stagnation: Accumulates 19M SUI in Just 30 Days Despite Price Stall

While SUI prices flatlined, SUIG executed one of the most aggressive accumulation strategies the ecosystem has witnessed.

The 30-Day Power Play

SUIG stacked 19 million SUI tokens while traditional investors watched charts stagnate—proving once again that crypto moves faster than Wall Street analysts can update their spreadsheets.

Defying Gravity

The massive accumulation occurred during a period of unprecedented price stability, suggesting sophisticated players see value beyond short-term fluctuations. This isn't amateur hour—this is institutional-grade positioning while retail traders chase memecoins.

Strategic Accumulation vs. Market Sentiment

While the broader market fixated on daily price movements, SUIG built a position equivalent to a small nation's treasury. Sometimes the smartest moves happen when everyone else is staring at candles.

Wall Street would call this reckless—in crypto, we call it Tuesday. The real question isn't why prices stalled, but why more institutions aren't following SUIG's lead while they still can.

Key Takeaways

Why is SUI still in focus despite lagging L1 peers?

SUIG has stacked 101 million sui and added 19 million in the last 30 days, nearly 27× faster than ETH accumulation.

How is SUI proving its value on-chain?

The network sees 4.5 million daily transactions and 927k daily active addresses, almost 3× Ethereum’s.

Sui [SUI] is clearly lagging its L1 peers.

Most big-cap L1s have bounced back from the Q1–Q2 bloodbath, riding a solid Q3, but SUI is still 40% off its Q1 highs. Meanwhile, ethereum [ETH] has recovered 100% of its H1 losses with a 60%+ Q3 pump.

No doubt, ETH’s rally got a boost from institutions, with BitMine [NASDAQ: BMNR] holding 2.4 million ETH. On the SUI side, SUI Group Holdings (NASDAQ: SUIG) has stacked 101 million SUI, totaling 2.8% of the supply.

Source: CoinGecko

In short, institutional appetite is there, but SUI’s still playing catch-up.

Reinforcing this, on-chain, SUIG has been on a tear, grabbing 19 million SUI in the past 30 days, while BMNR only added 702k ETH. That’s nearly 27× faster accumulation, showing SUIG is loading up at a crazy pace.

In fact, SUIG recently repurchased 276k shares under its new $50 million stock buyback program. Could this be a signal of deeper confidence in SUI, which, compared to other high-cap L1s, still looks undervalued?

SUI’s slow and steady grind is building real adoption

A 276k share buyback shows SUIG is trying to juice its stock price.

Q3 hasn’t been kind. SUIG is down 32% from its $5.37 open, showing the market demand isn’t really there. In this context, the $50 million buyback is basically a MOVE to support the float and add value for shareholders.

On top of that, it’s also pumping liquidity into their 101 million SUI stack, keeping institutional bags safe. Meanwhile, SUI’s daily active addresses just hit a monthly high of 927k.

Source: Artemis Terminal

By contrast, Ethereum’s DAA remains flat at 530k.

On-chain, SUI’s adoption is clearly stacking up. The network processes 4.5 million daily transactions, almost 3x that of Ethereum, showing users are actually using SUI for real on-chain activity, not just holding.

Coupled with deeper institutional appetite and the network’s genuine on-chain engagement, SUI’s undervaluation thesis is looking stronger, positioning it as a key pillar in the Web3 transformation.