Sui’s crypto dream run screeched to a halt this week, as a Monday meltdown erased weeks of gains. The bullish wave that buoyed SUI since late June has officially crashed.
“The crypto market wobbled this week, but Sui took a steeper tumble than most, proving gravity hits some coins harder than others.”
SUI’s market value has plummeted a staggering $3 billion since Monday. That’s a breathtaking 20% freefall from its weekly high of $4.4, leaving it clinging to a $3.36 price as of press time.
SUI price action | Source: TradingView
SUI’s recent price dip? Blame a brewing bearish divergence and an exodus of liquidity. Mid-July marked the turning point, as capital began draining away, setting the stage for the current downturn.
However, the sharp decline suggested that other factors might have contributed to the bearish momentum.
SUI Price Takes a Hit Post Token Unlock
SUI Token Tumbles Post-Unlock: A Flood of New Coins Hits the Market. Yesterday’s highly anticipated token unlock saw 56.91 million SUI flood into circulation, triggering a sharp pullback.
The token unlock event made SUI the highest number of tokens added to the circulating supply this month.
This week’s market bloodbath? Chalk up a hefty portion to that token unlock. Investors, spooked by the impending flood, stampeded for the exits, bracing for impact.
SUI’s recent dip wasn’t just a stumble; it was a strategic retreat, a carefully orchestrated dance with its past. The price action pirouetted back to kiss the descending resistance trendline it had previously broken, now a potential launchpad. Whispers among market watchers suggest this isn’t a sign of weakness, but a coiled spring. Could this trendline be the catalyst that reignites SUI’s bullish fire? The stage is set, the spotlight’s on – will SUI rise from the ashes of this pullback?
SUI crypto is hinting at a comeback! It’s dug its heels near a descending trendline, forming what looks like a solid support base. Could this be the launching pad for a rally in the days ahead? Keep your eyes peeled!
But the data sang a different tune: Sell pressure was fading like a ghost, while whales, drawn to the scent of opportunity, were gobbling up the dip.
OKX and Binance spot segments registered roughly $30 million worth of spot inflows into whale addresses.
The derivatives market on those exchanges wasn’t just big; it was colossal, swallowing up over $152 million in buy orders.
The data hinted at a bull’s awakening, but the market’s undertow threatened to drag it back into the depths. Would the rally surge, or would the relentless tide of selling crush its nascent hope?
Sui defied the crypto winter in July, clinging to a 30.15% gain from start to finish, even after a recent price stumble.
Failure to secure a bounce back on the aforementioned descending resistance turned support may lead to more downside.
“Should this scenario unfold, brace for a potential price drop, targeting the $3.37 to $3.12 zone a critical area pinpointed by Fibonacci retracement levels where a significant rebound might occur.”
Sui Network Performance Recap
Sui is not slowing down. After a strong showing in recent months, the network’s poised to eclipse even 2024’s gains, with 2025 on track to be a breakout year.
July witnessed an unprecedented frenzy in the network’s decentralized exchanges, hitting a record-shattering $14.26 billion – a peak that dwarfs all previous monthly trading activity.
SUI DEX volume | Source: CoinGlass
Sui’s DEX volume is exploding, proving the network is a hive of activity. Topping it off, a new all-time high of $2.29 billion TVL was reached on July 28th, solidifying Sui as a DeFi powerhouse.
Network liquidity painted a dramatic picture this summer. After soaring to a $1.24 billion zenith in mid-July, it staged a nail-biting retreat, briefly flirting with sub-$1 billion territory. Now, the dust has settled, and liquidity is finding its footing around $1.08 billion as of today.
The numbers don’t lie: SUI didn’t just improve in 2025, it left its previous year in the dust.
SUI’s recent token unlock barely registered a blip on the radar, accounting for less than 2% of the total market capitalization. Any price dips stemming from the event are expected to be short-lived, a mere ripple in the ocean of its overall performance.
Thanks for reading Decoding SUI Price’s Sharp Liquidity Exodus This Week
