According to Lookonchain monitoring, a whale holding a long position of about 20 million USD in SUI is facing liquidation:

The whale deposited 410 SUI (19.3 million USD) and 100,000 sSUI (470,000 USD) into Suilend and borrowed 14.4 million USD in stablecoins. If the price of SUI drops to 4.56 USD, this position will be liquidated.