CashCat (CASHCAT) rose 11% over 24 hours amid a broader market recovery and increased activity in the perpetual market. Perpetual inflows reached about $11.12 million, while open interest climbed more than 11% to $51.43 million and the funding rate remained positive. The taker buy/sell ratio stood at 1.14, indicating that taker buy volume exceeded taker sell volume by 14%. Hyperliquid, Gate, and Bybit also recorded ratios above 1 and accounted for $45.5 million in open interest, roughly 88% of CashCat’s reported total, reinforcing the bullish positioning bias.
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