$SUI
$SUI Futures Open Interest Holds Near Record Levels
According to Foresight News, data from Glassnode shows that open interest in Sui (SUI) futures remains close to its all-time high of approximately $1.2 billion. This milestone cements Sui's position as the sixth-largest cryptocurrency by futures open interest.
Key Takeaways:
📈 Near Record Peak: Open interest remains around $1.2B, signaling strong trader engagement.
🌐 Top 6 Globally: Sui ranks just behind major assets in futures market activity.
📊 Market Sentiment: Sustained interest points to active speculation and increased liquidity, potentially leading to significant price movements.