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Rally in Crypto Game Axie's AXS Token Faces Skepticism From Derivative Traders

With a favorable environment for alternative cryptocurrencies far away, a rise in open interest in AXS futures implies traders shorting the rally, one trader said.

Traders appear to be shorting the rally in AXS. (TheDigitalArtist/Pixabay)
Traders appear to be shorting the rally in AXS. (TheDigitalArtist/Pixabay)