Sui Drops 5.42% in Four Hours to $1.20 as Long Liquidations Hit $550,000

Sui (SUI) fell 5.42% in four hours to $1.20 at 1:32 a.m. ET (05:32 UTC) on Sept. 28, extending a sharp short-term decline in the token’s market price.

The move took SUI from $1.27 to $1.20 on Binance’s spot SUI/USDT market. Despite the four-hour drop, the token remained up 2.71% from 24 hours earlier.

Long liquidations totaled $550,000 during the same hour across Binance, Bybit and OKX, while no short liquidations were recorded.

SUI ranked 26th by market capitalization, at approximately $5.05378 billion at the time of the measurement. The figures were calculated from publicly available exchange prices collected directly by TokenPost.