CryptoSlate·Published:Bearish
Original · ENInside the uncollateralized deal that locked up 6 million SUI until 2028 while SUI Group trades at a 25% NAV discount
The news about 6 million SUI locked in an uncollateralized deal until 2028 and the SUI Group trading at a 25% NAV discount is highly negative for SUI. The uncollateralized nature of the deal and the significant discount suggest potential risks and a lack of investor confidence. This is a specific negative event for SUI and could have a medium impact on its price.
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