The cryptocurrency token SUI suffered a dramatic 85% plunge, dropping from $3.71 to $0.56 within a single day. This steep sell-off was driven by large whales strategically removing weak traders and analysts believe the remaining holders are likely poised for long-term recovery toward $5 and $10 price points with patience. The sudden price drop wiped out millions in market value, forcing liquidations across leveraged positions. 85% of the token’s value was wiped out. As whales cleared short-term liquidity and weaker trading positions, it created a cascade effect that triggered increased selling pressure on the exchange. The price collapse has sparked speculation among market analysts about potential long-term gains for those invested in SUI.