Sui Plunges 4% Amid Brutal Selling Frenzy—Longs Get Liquidated in Market Carnage
Crypto traders just got a painful reminder: leverage cuts both ways. Sui’s price nosedived 4% today as cascading liquidations and aggressive sell orders hammered the market.
Blood in the Water
The move triggered a classic crypto domino effect—overleveraged longs got margin-called, amplifying downward pressure. No fancy derivatives jargon needed: traders bet wrong, got wrecked.
Silver Lining Playbook?
Volatility like this separates tourists from OGs. While paper hands panic, savvy accumulators might see a discount—assuming they’ve got the stomach for these gut-churning swings. After all, what’s crypto without a little liquidated-trader confetti?
Bonus jab: Traders who ‘buy the dip’ today will either look like geniuses tomorrow… or provide exit liquidity for the next rally. Circle of life.