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SUI Group’s $344 Million Token Stash: Will It Lift SUI Beyond $3.41?


by Maxwell Mutuma
for CoinEdition
SUI Group’s $344M Token Stash: Will It Lift SUI Beyond $3.41?
  • SUI Group amasses 101M tokens worth $344M, fueling speculation of institutional demand.
  • Key support at $3.27 and resistance at $3.41 define SUI’s short-term trading outlook.
  • Mixed indicators show mild bearish momentum but RSI hints at potential rebound zone.

Nasdaq-listed SUI Group Holdings is making bold moves in the digital asset space, and investors are closely watching. The firm, formerly Mill City Ventures, has transitioned from a small-scale lender into a major player in blockchain. 

With a growing stake in Sui (SUI) tokens, the company now holds more than 101 million SUI worth roughly $344 million. This aggressive accumulation raises questions about whether its strategy could ignite the next rally in SUI’s price.

Strategic Token Acquisitions

The SUI Group secured an agreement with the Sui Foundation that allows it …

The post SUI Group’s $344 Million Token Stash: Will It Lift SUI Beyond $3.41? appeared first on Coin Edition.

Read the article at CoinEdition

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SUI Group’s $344 Million Token Stash: Will It Lift SUI Beyond $3.41?


by Maxwell Mutuma
for CoinEdition
SUI Group’s $344M Token Stash: Will It Lift SUI Beyond $3.41?
  • SUI Group amasses 101M tokens worth $344M, fueling speculation of institutional demand.
  • Key support at $3.27 and resistance at $3.41 define SUI’s short-term trading outlook.
  • Mixed indicators show mild bearish momentum but RSI hints at potential rebound zone.

Nasdaq-listed SUI Group Holdings is making bold moves in the digital asset space, and investors are closely watching. The firm, formerly Mill City Ventures, has transitioned from a small-scale lender into a major player in blockchain. 

With a growing stake in Sui (SUI) tokens, the company now holds more than 101 million SUI worth roughly $344 million. This aggressive accumulation raises questions about whether its strategy could ignite the next rally in SUI’s price.

Strategic Token Acquisitions

The SUI Group secured an agreement with the Sui Foundation that allows it …

The post SUI Group’s $344 Million Token Stash: Will It Lift SUI Beyond $3.41? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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The U.S. jobs report revealed only 22,000 job additions in August, far below expectat...
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SUI Targets $7 as Market Awaits Breakout Above Key Levels

The crypto market showed mixed signals in the past 24 hours, with the total market ca...