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STX Perpetual Futures Open Interest Doubles to $80M as Traders Take Shorts

One analyst suspects traders are betting there isn't a follow-up to Bitcoin NFTs and the STX run is a flash in the pan.

STX open interest surges as the token rallies to a 10-month high (Coinglass)
STX open interest surges as the token rallies to a 10-month high (Coinglass)