SUI Experiences a Rebound Amidst $17 Million Accumulation

SUI Experiences a Rebound Amidst $17 Million Accumulation – Key Level for $2.20 Breakout

Sui (SUI) has seen significant accumulation recently, with over $17 million withdrawn from exchanges in just a week. This trend, combined with positive market conditions and its recent inclusion in the Bitwise 10 Crypto Index ETF, has fueled optimism among traders. Currently trading near $1.64, SUI could reach new highs if it successfully breaks past critical levels.

Key Takeaways

Over $17 million worth of SUI withdrawn from exchanges indicates strong accumulation.
Key price levels to watch are $1.512 (lower) and $1.694 (upper).
SUI has been positively impacted by its addition to the Bitwise 10 Crypto Index ETF.
Traders display strong bullish sentiment with a significant proportion of long positions.
Technical analysis suggests potential price growth towards $2.20 if upward momentum continues.

SUI surges on ETF inclusion, strong accumulation, and bullish sentiment, eyeing breakout toward $2.20.

Current Market Overview

Data from CoinGlass indicates that SUI has experienced strong accumulation, with $17.17 million worth of tokens withdrawn from exchanges in the past week. This suggests that current market conditions might present a valuable buying opportunity for investors.

Critical Levels for SUI

The major liquidation map reveals that traders are eyeing $1.512 as the lower threshold and $1.694 as the upper limit. The recent inclusion of SUI in the Bitwise 10 Crypto Index ETF (BITW) has also bolstered bullish sentiment. As of now, the altcoin is trading at $1.64, reflecting a 6.35% increase. However, the market's participation has seen a decline from the previous day, with a 22% reduction in SUI’s 24-hour trading volume, now at $831 million. This drop indicates that caution remains prevalent among market participants amidst ongoing volatility.

SUI Exchange Liquidation Map

Impact of SUI’s Inclusion in BITW ETF

The significant surge in SUI's value can primarily be attributed to its recent addition to the Bitwise 10 Crypto Index ETF (BITW), which began trading on the NYSE Aeca on December 10, 2025. The latest report indicates that SUI received a 0.24% allocation, amounting to $2.4 million at launch, creating an influx of demand for the token.

Strong Demand from Traders and Investors

The combination of considerable accumulation and an inclination towards long-position bets is propelling SUI’s upward momentum. As reflected in CoinGlass's data, traders are adopting a bullish stance on long positions, with market entry points marked at $1.512 for lows and $1.694 for highs. Here, traders have established $17.63 million in long leveraged positions against $5.72 million in short positions, highlighting a strong intraday bullish sentiment that reinforces confidence in the rally.

SUI Spot Inflow/Outflow

SUI Price Dynamics and Future Levels

Technical analysis by AMBCrypto shows that SUI's recent price movements have brought it back to a crucial support level of $1.60. If the altcoin can sustain its momentum and close a daily candle above $1.75, it could potentially see a 26% increase, aiming for a target of $2.20.

SUI price action

As of this moment, SUI's Average Directional Index (ADX) is recorded at 26.68, which is above the essential threshold of 25, demonstrating robust directional momentum.

Concluding Thoughts

With SUI making notable gains amidst strong market signals, all eyes are on its potential breakout above critical price levels. Investors remain optimistic as they track the ongoing accumulation and market sentiment.