STRK surged by 20% in 24 hours, driven by dominant long positioning in the perpetual market. Total perpetual volume reached $158.90 million with a perpetual-to-spot ratio of 4.04, confirming leveraged trading prevalence. Funding rates moved from -0.0015% to 0.0055% while Open Interest rose by $17.27 million, signaling fresh bullish capital inflows. Spot profit-taking emerged with $367,000 in net inflows on October 8th, potentially capping further upside in the short term.
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