- Open interest reaches an all-time high: SUI's open interest hit $1 billion, reaching $2 billion, setting a new historical record. Open interest continues to climb, indicating that market confidence in SUI is steadily increasing, with high-confidence bets rising quickly.
- Market position enhancement: Based on futures open interest (OI), SUI is currently the sixth largest cryptocurrency, just behind BTC, ETH, SOL, XRP, and DOGE, highlighting its growing significance in the cryptocurrency market.
- Capital quietly entering the market: This is not an ordinary retail hype, but rather a significant amount of capital quietly positioning itself. $BTC