Audiera [BEAT] shed over 21% in a single day, pushing its price back to $0.26, a level last seen on March 7th. The perpetual market recorded a net outflow of $6.27 million over 24 hours, with cumulative perpetual netflow reaching -$55.91 million over 15 days. Despite this capital exodus, the funding rate remained positive at 0.0386% and open interest surged 10% to approximately $48.13 million, indicating that longs remained more aggressive than shorts. Spot traders also accumulated BEAT for two consecutive days, with inflows of $908,810 on August 17th and $393,070 on August 18th, suggesting some investors viewed the decline as a buying opportunity.
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