Why did Sui drop 1.2% on October 23, 2026?
On October 23, 2026 (UTC), SUI went from about $0.972 to $0.9607 (-1.19%) on OKX · USDT, trading between $0.94 and $1.00. For the closed-hour 24h window: SUI is within a usual day's range. SUI fell further than this on 12 of the past 29 days. Sui moved down by less than its typical daily swing, partly in line with Bitcoin, while some other tracked coins fell too. Trading volume was below usual, funding on the OKX perpetual swap sat near zero and open interest was flat. No recent report about Sui explains the move, so the cause is unresolved.
Still open
- Whether any project announcement, filing or exchange notice concerning Sui was issued in this period, which an official statement would settle.
- Whether on-chain flows or exchange activity specific to Sui changed direction, which on-chain data would settle.
- Day open / close
- $0.972 → $0.960724 hourly candles, OKX · USDT
- Day range
- $0.94 – $1.006.7% from low to high
- Versus Bitcoin
- -1.19% / BTC -0.28%-0.6 pts left after BTC × its hourly beta 2.15
- Versus the past month
- 12 of the past 29 days fell furtherClosed-hour 24h move -1.19%, 0.4× its prior 30-day median of 3.2%.
- 30-day range
- 25.8% below the high · 2.6% above the lowFrom hourly highs and lows on the same venue
- Other tracked coins
- 12 of 21 moved the same way5 moved the other way
- 24h volume
- 0.5×of its prior 30-day daily average
- Perpetual swap
- funding near zero · open interest flatOKX perpetual swap SUI-USDT-SWAP
Computed from OKX · USDT hourly candles for the 24 hours to 24/10/2026, 00:00 UTC.
Written by a model from the reading above; no report about this coin was available to cite, at 24/10/2026, 00:44 UTC.
Prices, market readings and reports are shown side by side; timing alone does not show what caused a move. Methods →