SUI has recently seen a 12% rise in the past 24 hours, bringing back some investor confidence. However, this price increase could prove disastrous for traders, as it may trigger significant liquidations if the altcoin reaches a key price level. The recent rally is a double-edged sword with potential consequences for short traders. SUI Traders Face Losses According to liquidation data, SUI faces a potential $96 million worth of liquidations if its price hits $3
source: https://beincrypto.com/sui-price-major-liquidation-risk/