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A whale on SUILend has opened a large position that sits just below its liquidation threshold. A SUI price drop to 4.56% would liquidate the collateral, leaving the trader with $14.4M in stablecoins.

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Whale’s $20M position on SUI may liquidate, leading to a deeper market slide

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Whale’s $20M position on SUI may liquidate, leading to a deeper market slide