SNX is quietly outpacing DeFi peers by roughly
↗5%
over the past day despite a
↘6%
weekly pullback, as buyers outnumber sellers.
Short-term strength emerging
Buyers represented approximately 59% of trades over the past 24 hours while SNX outpaced DeFi peers by roughly
↗4%
over the past hour, showing near-term relative strength.
Trading activity calming
Trading volume declined roughly
↘54%
over the past week and
↘24%
over the past 24 hours, reflecting a cooling period after earlier activity.
Futures market positioning steady
Investor interest in futures markets stands at approximately $12.2M with trading costs at around 0.01% (roughly 8% annualized), indicating steady positioning.
Holder distribution remains balanced
The top 10 holders control less than 1% of total supply while market value declined roughly
↘8%
over the past week, reflecting the broader price movement.