$sui

🚨 Derivatives Markets Signal Strength in SUI 🚨

Beyond spot market action, derivatives activity around SUI shows strong conviction among traders. Open interest in SUI futures jumped 24% over the week, reaching $1.51 billion, indicating more leveraged positions entering the crypto market. Simultaneously, the SUI derivatives trading volume surged by 37%, hitting $10.9 billion. This growth reflects growing traders’ belief in the SUI price rally sustaining momentum. Historically, rising open interest combined with higher volume is a bullish sign, as it points to ongoing speculative interest. With strong fundamentals backing up the speculative flows, SUI’s future trajectory looks increasingly promising for bulls.

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