# Penggerak

Will it return to $1 or drop again?
#SUI
#Penggerak The main reason behind the rally comes from derivative liquidations. After the staking news, the SUI market recorded approximately $3.13 million in liquidations over the past 24 hours.
It should be noted that nearly 90% of the liquidations, around $2.91 million, came from short traders betting against the rally.
When short positions are liquidated, exchanges automatically buy back the assets to close the trades, creating additional buy pressure upward.
At the same time, trading volume surged nearly 90% to about $808 million. This sh