Sui Price Surges on Institutional Interest
This is a Singapore news story, published by CoinGape, that relates primarily to Longs than Shorts news.
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SUI Trust OpensCoinGape
•Can Sui Price Reach $2 As Grayscale’s SUI Trust Opens for Accredited Investors?
70% Informative
Sui (SUI) Trust is now available for accredited investors, a move to strengthen institutional adoption in the crypto space.
Sui price is on a tear, gaining 13.1% in the last 24 hours and becoming the largest gainer in the top 100 coins on CoinGecko .
Futures traders have opened seven times more Longs than Shorts on SUI, suggesting that the market is bullish because traders anticipate that prices may surge higher.
The price of SUI is currently forming a bullish market structure, and a breakout could send it surging toward $ 2.00 .
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