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SUI Tanks 9% in Flash Crash—Whale Dump or Market Panic?

SUI Tanks 9% in Flash Crash—Whale Dump or Market Panic?

Author:
Coindesk
Published:
2025-05-30 10:53:28
4
1

SUI Plunges 9% Amid Flash Crash and Extraordinary Selling Volume

Another day, another crypto bloodbath. SUI got caught in the crossfire of today’s market meltdown, nosediving 9% as sell orders overwhelmed the books. Was it a coordinated whale dump or just traders hitting the panic button? Hard to say—but the volume tells us someone wanted out, fast.

Welcome to crypto, where ’extraordinary selling volume’ is just Tuesday. Traders who rode last week’s hype train are now licking their wounds, while the usual suspects on Crypto Twitter spin this as a ’healthy correction.’ Meanwhile, your portfolio’s sweating bullets.

Funny how these flash crashes always happen right after some influencer screams ’ATH incoming.’ Maybe next time, they’ll add a disclaimer: ’Past performance not indicative of future results—especially in a market where cats with hats dictate trends.’

|Square

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