SUI Tanks 9% in Flash Crash—Who’s Left Holding the Bag?
Another day, another crypto bloodbath. SUI got wrecked in a flash sell-off today—down 9% on freakish volume as traders scrambled for the exits. Was it whales dumping? Leverage liquidations? Or just the market’s usual flair for drama?
The Numbers Don’t Lie
That 9% nosedive wasn’t a gentle correction—it was a full-blown liquidation party. And the ‘extraordinary selling volume’? Translation: everyone panic-sold at once. Classic crypto.
Cynical Finance Jab
Meanwhile, hedge funds are probably spinning this as a ‘buying opportunity’—right after their algo traders helped trigger the crash. Stay classy, Wall Street.
Bottom line: SUI’s plunge is a reminder that in crypto, gravity always wins… eventually.