XLM open interest decreases 6.4% during price decline (approx. 8.1 billion KRW)
Original headlineXLM 미결제약정, 가격 하락 구간 6.4% 감소(약 81억원)
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Stellar (XLM) futures open interest fell about 6.4%, from roughly $94 million to $88 million, amid a price decline, with the article putting the latest figure near $89.5 million. Perpetual funding stayed slightly positive at 0.0011%, while RSI at 45.2 and ADX near 18.5 pointed to a weak trend with sellers marginally in control. XLM had climbed to about $0.171 after a testnet vote passed, then slid to trade around $0.153–$0.157 and was near $0.155 at report time. The drop in open interest alongside flat momentum signals position unwinding rather than a decisive directional bet. Traders will watch whether funding flips negative and whether XLM holds the $0.153 support, with a break below it risking further deleveraging.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
XLM (XLM), Stellar, AMBCrypto
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