Sui Price Plunges 5.63% to $1.12 on Binance Spot Market

Sui (SUI) experienced a significant price drop on Binance's spot market, falling to $1.12 at 3:46 a.m. ET (07:46 UTC) on October 3. This represents a 5.63% decline in just four hours. The price was previously at $1.19 four hours prior. This drop comes after a 5.11% decline over the past 24 hours.

Additionally, long liquidations across Binance, Bybit, and OKX totaled $1.67 million in the past hour. In contrast, short liquidations were minimal at $10,000 during this period.