$STX An hour saw a surge of 4.37x in volume, with open positions value up 8.07% to 7.917 million. The price climbed from 0.3461 to 0.3619, up 14.308% in 24h—volume, position, and price are all being lifted together. But the funding rate is -0.0374%, meaning shorts are paying longs!
The interpretation holds for the new position, but only if the price doesn’t drop back below 0.3461 from an hour ago. If it loses that level, or breaks the 24h low of 0.3102, this logic is invalid—the 24h high of 0.365 is right overhead.
#STX
The interpretation holds for the new position, but only if the price doesn’t drop back below 0.3461 from an hour ago. If it loses that level, or breaks the 24h low of 0.3102, this logic is invalid—the 24h high of 0.365 is right overhead.
#STX
