STX jumps 13% on accumulation and rising open interest
- —STX added about 13% over 24 hours
- —Netflow over 10 days: -$1.15 million; over 3 days: -$1.03 million
- —Perpetual open interest rose 24% to $38 million
- —The 0.0101% funding rate has held for several days
Why it matters: Spot accumulation and rising OI point to bullish positioning, but the narrow liquidation gap suggests weak trader conviction.
Source: AMBCrypto