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TL;DR<\/b><\/p>\n Sui (SUI) traded at $3.81 after falling 6% in the past day, with $1.56 billion in turnover. The move came after a wave of liquidations hit leveraged positions across major exchanges.<\/span><\/p>\n Long positions worth $14.34K and shorts worth $119.18K were closed during the session. Binance saw the largest share, with $67.37K in short liquidations and $13.59K in longs. OKX, Bybit, and Gate also recorded position closures, though in smaller amounts.<\/span><\/p>\n However, market charts from Ali Martinez show SUI breaking out of a long-term symmetrical triangle pattern. The breakout<\/a> came above $3.57, in line with the 0.618 Fibonacci level, which is now acting as support.<\/span><\/p>\n $SUI<\/a> bullish retest complete, targeting $7! pic.twitter.com\/IimwBmUzaE<\/a><\/p>\n \u2014 Ali (@ali_charts) August 14, 2025<\/a><\/p>\n<\/blockquote>\n Interestingly, technical levels suggest a path toward $5.25 as the next key area. Extensions place further targets near $6.9 and $7. Martinez projects a move to $4.9, a brief pullback, and a climb toward the $6.90\u2013$7.00 zone in the coming weeks.<\/span><\/p>\n The total value locked in Sui-based DeFi protocols is at $2.150 billion, down 4% in 24 hours but close to its highest point on record.<\/span><\/p>\n Data from DefiLlama shows TVL growth from about $500 million a year ago to above $2 billion this year. Gains accelerated from late April 2025 after crossing $1.5 billion. The trend has stayed upward despite short-term dips.<\/span><\/p>\n 21Shares has listed<\/a> two new crypto exchange-traded products on the SIX Swiss Exchange. The 21Shares Sui Staking ETP (ASUI) offers staking exposure to SUI with built-in risk controls. The 21Shares XDC Network ETP (XDCN) provides direct price exposure to XDC.<\/span><\/p>\n These join the company\u2019s existing products on Euronext Amsterdam and Paris, widening investor access to both assets across European markets.<\/span><\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n <\/p><\/div>\n\n
Price Drop Follows Liquidations<\/b><\/h2>\n
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DeFi TVL Near Record Levels<\/b><\/h2>\n
21Shares Adds New ETPs in Europe<\/b><\/h2>\n
\nBinance Free $600 (CryptoPotato Exclusive): Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (full details<\/a>).<\/p>\n
![<\/a>Source: DefiLlama<\/figcaption><\/figure>\nData from DefiLlama shows TVL growth from about $500 million a year ago to above $2 billion this year. Gains accelerated from late April 2025 after crossing $1.5 billion. The trend has stayed upward despite short-term dips.<\/span><\/p>\n21Shares Adds New ETPs in Europe<\/b><\/h2>\n21Shares has listed<\/a> two new crypto exchange-traded products on the SIX Swiss Exchange. The 21Shares Sui Staking ETP (ASUI) offers staking exposure to SUI with built-in risk controls. The 21Shares XDC Network ETP (XDCN) provides direct price exposure to XDC.<\/span><\/p>\nThese join the company\u2019s existing products on Euronext Amsterdam and Paris, widening investor access to both assets across European markets.<\/span><\/p>\n\nSPECIAL OFFER (Sponsored)<\/span><\/center>\nBinance Free $600 (CryptoPotato Exclusive): Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (full details<\/a>).<\/p>\nLIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n<\/p><\/div>\n](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-15-at-10.55.31.png\"){kind=link}