A whale’s long position worth 20 million USD is at risk as SUI hovers around a crucial liquidation Threshold of 4.56 USD. This precarious position might trigger further downward Movement in SUI’s price, especially given the recent volatility observed in the altcoin market.

The situation underscores the vulnerability of heavy borrowing against a backdrop of declining asset prices. Bitcoin and Ethereum’s recent downturn adds to this risk. SUILend emerges as a critical component for the SUI ecosystem, demonstrating its capability to handle large liquidity movements and massive loans despite current market challenges.

SUI’s total value locked (TVL) has surpassed 1.91 billion USD, propelled by strong lending activities. The growing TVL indicates robust market engagement, suggesting that SUI can maintain its course despite temporary setbacks. The chain continues to attract significant DeFi interest, illustrating its foundational strength in the crypto ecosystem.