jstoutflows

$JST net outflow $5B in 46 hours, traders watch liquidity impact

📌 What happened
Binance saw about $11 billion withdrawn and $6 billion deposited after the Oct. 29 hack, leaving roughly $5 billion net outflows.

🔍 Why it matters
• Funding is -0.010%, meaning shorts are paying longs and market sentiment leans bearish.
• Open interest rose 1% to $6 million, indicating new positions despite outflows.
• Volume is 1.4 x the 7‑day average, showing heightened trading activity.

👀 What to watch
• JST price stability as large withdrawals could pressure the token.
• Risk: continued net outflows may trigger further sell pressure.

💬 Bullish or bearish? One word.

#JSTOutflows #BinanceData