🚨 Market Update
The crypto market fell 3.16% in 24h, aligning with a Nasdaq sell-off and leveraged long liquidations. More…
1. SUI token unlock – $210M in SUI hit markets, amplifying supply pressure.
2. Bitcoin liquidations – Long positions worth $202M forced closures (+205% spike).
3. Equity correlation – 88% correlation with Nasdaq-100 as macro fears resurfaced.
Source: CMC