SUI Open Interest Hits $1.82B as Bulls Take Control
SUI’s open interest has surged 28% in just 48 hours, hitting $1.82 billion as traders pile into the altcoin’s rally. The $400 million influx signals strong futures market optimism, with long positions outpacing shorts.
Persistently positive funding rates confirm the bullish bias. Traders are positioning for continued upside, cementing SUI’s rising status in crypto markets. This capital surge indicates growing conviction in the token’s near-term potential.