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SUI Is Dying But The Smart Money Is Loading
Retail is running. $SUI spot volume crashed 42% in 24 hours, flashing massive short-term weakness. But here is the catch: Open Interest just spiked $15 million, pushing total OI toward $750 million. Smart money is repositioning, ignoring the noise. The foundation is set. While volume fades across L1s like $ETH, Sui Network just solved crypto’s biggest headache—tax compliance—by integrating ZenLedger. Utility wins in the long run. Watch for capital expansion.
Not financial advice.
#SUI #L1 #DeFi #ZenLedger #CryptoTaxes
🚀
Retail is running. $SUI spot volume crashed 42% in 24 hours, flashing massive short-term weakness. But here is the catch: Open Interest just spiked $15 million, pushing total OI toward $750 million. Smart money is repositioning, ignoring the noise. The foundation is set. While volume fades across L1s like $ETH, Sui Network just solved crypto’s biggest headache—tax compliance—by integrating ZenLedger. Utility wins in the long run. Watch for capital expansion.
Not financial advice.
#SUI #L1 #DeFi #ZenLedger #CryptoTaxes
🚀
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