SUI Price Skyrockets After Massive Trade by Top Hyperliquid Whale

Hyperliquid's top trader, James Wynn, has initiated a game-changing trade on the SUI token, sparking a sudden price surge.

Written by Gaston Cuny

Translated on May 22, 2025 at 16:07 by Sarah

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SUI Displays Strong Bullish Momentum

After a period of price decline, the cryptocurrency market has experienced a strong rebound, sparking optimism among investors. In May, the price of SUI even surpassed the $4 mark, establishing itself as one of the most promising altcoins.

Currently around $4.01, the price of SUI shows signs of strength and stability despite the overall market slowdown. This resilience underlines the project’s fundamental strength and its ability to hold above key technical levels.

SUI chart tradingview — Source: TradingView

On the chart, SUI has been in a bullish trend since the second quarter of 2025, showing a series of new highs and lows. This momentum is supported by the 20-day Exponential Moving Average (EMA), a key technical indicator.

Experts now anticipate SUI to soon surpass its previous high at $5.37, paving the way for a new uptrend that could lead it to $11.

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Positive Technical and On-Chain Signals

A recent analysis has highlighted SUI’s resilience, successfully maintaining its breakout from the “inverse head and shoulders” pattern after surpassing the resistance zone at $3.65-$3.75. Staying above this level will be crucial to confirm the strength of this bullish setup, while a drop below $3.60 could invalidate it.

Furthermore, increased developer activity and rising social volume indicate a growing awareness and long-term reliability of the SUI project.

In conclusion, the price of SUI currently displays a strong bullish momentum, with ambitious price targets in the medium term. This analysis emphasizes the importance of technical and on-chain indicators in assessing the potential of a crypto project like SUI.

Whale Makes an Unexpected Transaction

On May 22, 2025, at 1:45 PM, trader JamesWynn opened a long position on the SUI token, the native cryptocurrency of the Move-compatible blockchain of the same name. At a unit price of $4.01, he acquired 80 SUI tokens for a total investment of $320.97, placing his hopes on a short to medium-term bullish trajectory.

At the time of the trade, the P&L (profit & loss) remains at $0.00, as the operation has just been validated on the chain — showcasing JamesWynn’s responsiveness to the current technical and fundamental signals provided by SUI: increasing exchange volumes on DEXs and a DeFi feature roadmap that could boost demand.

By counting on strong technical support around $3.90 and a potential retracement towards $5 in the upcoming sessions, the trader foresees a positive return, while keeping an eye on stop-loss levels to limit exposure in case of a reversal. The meticulous monitoring of this position demonstrates JamesWynn’s disciplined risk management strategy — a must in the volatile environment of emerging Layer 1 tokens.

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Gaston Cuny

Gaston has been a writer for over 7 years and a passionate cryptocurrency enthusiast since 2020. He loves exploring the crypto ecosystem and is now dedicated to sharing his insights and discoveries through InvestX.

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This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.

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