JTO price dropped nearly 9.69% this week despite massive spot buying of $24.72 million over four days, pushing netflow to $2.02 million. Total Value Locked (TVL) surged by $243.81 million since August 19th, reaching approximately $1.017 billion, while protocol fees hit the highest level since May 11th at around $504,000. The funding rate declined from 0.0143% to 0.0060%, signaling growing short positions that could put further downward pressure on price. The divergence between spot accumulation and price decline suggests investors view the drop as an opportunity to buy at a discounted price.
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