Why did Sui drop 2.3% on October 24, 2026?
On October 24, 2026 (UTC), SUI went from about $0.9607 to $0.9388 (-2.28%) on OKX · USDT, trading between $0.9117 and $0.9688. For the closed-hour 24h window: SUI's move is partly market-wide, with a residual that does not identify a cause. SUI fell further than this on 10 of the past 29 days. Sui fell, partly in line with Bitcoin, while some other tracked coins moved the same way; the move is partly market-wide with a residual that does not identify a cause. It was about its usual day, on below-usual volume. No recent report about the coin explains it, so the cause is unresolved.
Still open
- Whether any project announcement, filing or exchange notice accompanied the move; an official statement from the Sui project would settle this.
- Whether on-chain transfers or unlocks coincided with the move; chain data for the period would settle this.
- Why open interest on the OKX perpetual swap stayed flat while price fell; exchange or venue derivatives data for the period would settle this.
- Day open / close
- $0.9607 → $0.938824 hourly candles, OKX · USDT
- Day range
- $0.9117 – $0.96886.3% from low to high
- Versus Bitcoin
- -2.28% / BTC -0.38%-1.5 pts left after BTC × its hourly beta 2.15
- Versus the past month
- 10 of the past 29 days fell furtherClosed-hour 24h move -2.28%, 0.8× its prior 30-day median of 2.9%.
- 30-day range
- 27.4% below the high · 3.0% above the lowFrom hourly highs and lows on the same venue
- Other tracked coins
- 6 of 11 moved the same way1 moved the other way
- 24h volume
- 0.4×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 25/10/2026, 00:00 UTC.
Written by a model from the reading above; no report about this coin was available to cite, at 25/10/2026, 00:20 UTC.
Prices, market readings and reports are shown side by side; timing alone does not show what caused a move. Methods →