Rising Open Interest May Not Keep SUI Above $2 — Here’s Why

Sui (SUI) Open Interest has surpassed $400 million after the altcoin’s price surged back to $2 yesterday. For many investors, the increase in OI, as the Open Interest is commonly called, suggests potential for continued uptrend. However, recent on-chain analysis suggests that this may not be the case. So, what’s next for the token? More Liquidity Does Not Guarantee Sui’s Upswing For those... source: https://beincrypto.com/sui-open-interest-rises/