The EDGE token from decentralized trading application EdgeX has gained over 11% in the past 24 hours. However, liquidations remain balanced between long and short positions, with a total of approximately $47,580 split evenly between both sides. Capital flows show persistent weakness: the perpetual market displays a negative net flow of $2.27 million over 7 days, following the sale of $61.85 million worth of EDGE tokens. The spot market confirms this weak demand with a negative net flow of $51,000 in 24 hours. Sentiment analytics show a neutral reading, indicating that investors remain undecided about the correct valuation of the price, which does not support a sustained bullish trend.
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