The outflow from the SUI exchange has surged, is a strong rally following?

The outflow from the SUI exchange has recorded significant growth recently, especially after the price of SUI rose sharply, attracting a large number of users. Since the beginning of October, SUI has established an all-time high (ATH) of $3.94, leading to a spike in capital flow into this ecosystem. The number of active users on SUI has also increased to over 1 million wallet addresses daily, partly indicating growing interest from investors.

Additionally, the event of Circle partnering to issue USDC on SUI has created a major boost for liquidity and development within the ecosystem, enhancing usability for developers. DeFi protocols on the SUI platform have also witnessed an increase in Total Value Locked (TVL), thereby driving trading activity and capital inflow.

However, it should be noted that the value of SUI may undergo short-term corrections due to profit-taking pressure from earlier investors, which is natural in a volatile financial environment.