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A whale's approximately $20 million SUI long position will be liquidated when SUI falls to $4.56
By: Cointime
Lookonchain monitoring shows that a whale's long position of about $20 million in SUI is facing liquidation: The whale deposited 410 SUI coins (worth $19.3 million) and 100,000 sSUI coins (worth $470,000) into Suilend and borrowed $14.4 million in stablecoins. If the price of SUI drops to $4.56, the position will be liquidated.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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