Sui recovers toward $1 after Phantom support ends
Sui (SUI)
Editor:
Eugene Serbin
BitcoinEthereumNews.com reports that Sui recovered toward $1 on Thursday following a sell-off that pushed the price down to $0.94. The rebound occurred as Phantom ended support for the Sui network, having previously announced it would stop supporting the chain on September 24. Phantom stated in their announcement that they would withdraw support.
How the market reacted
Whalio's own Binance spot order flow for SUI, measured when this story was written up on 24 September 2026. Not the outlet's figures.
Sui is trading at $0.9601, with a 1-hour buy ratio of 61.6% and a 4-hour buy ratio of 59.2%, both significantly higher than the 24-hour ratio of 50.9%. This indicates that buying pressure is building in the short term relative to the daily average. The volume delta shows net buying of +$811,091 over the last hour and +$2,405,244 over the last four hours, meaning more money is flowing into spot buys than sells. Over the past 24 hours, the cumulative volume delta stands at +$6,939,473, with net buying occurring in 19 of the last 24 hours.
The latest daily buy ratio of 49.7% sits at the 54th percentile of the last 322 days, against a median of 49.4% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for SUI, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 49.9%, making today's 24-hour ratio of 50.9% slightly above the weekly norm by 1.0 point. Spot volume for the day is 1.03 times the weekly average, indicating slightly elevated activity. While there were only 3 days of net buying in the last 7 days, the 8-day price change has been +34.6%. The total volume delta for the 8-day period is +$6,313,150, showing sustained accumulation over the longer timeframe.