
Tags: SUI
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The outflows witnessed by short-Bitcoin products indicated reduced trader confidence in a Bitcoin price decline.
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Bitcoin’s post-ETF surge liquidated short positions, while altcoins suffered relentless long liquidations fueled by excessive leverage and misplaced bets.
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Cetus Protocol hack victims could get full compensation if Sui community members approve a proposal to unfreeze $162 million.
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Cetus confirmed the exploit and paused operations. Several Sui-based tokens, such as LBTC, AXOL, and LOFI, crashed following the breach.
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While BTC grabbed $867 million of last week’s $882 million crypto inflows, ETH struggled with just $1.5 million despite a recent price surge.
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Bitcoin funds led inflows with $3.18 billion, as it pushed digital asset AUM its highest level since February 2025.
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Crypto’s top currencies all posted 10-20% weekly candles in the final stretch of April, but SUI did more like 70%. Kevin O’Leary said something like this could happen mid-month.
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Bitcoin leads flows with small $6 million outflows, while Ethereum continued to face challenges. XRP, on the other hand, shows strong inflows.
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Kevin O’Leary of ABC’s “Shark Tank” just made a loud endorsement. The crypto is Sui (SUI). Below are five reasons why markets and analysts believe O’Leary is right.
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Altcoins experienced $33 million inflows after five weeks of outflows.
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