AXS Surges 13% but Falling Trading Volume Sparks Concerns
Key Highlights: Axie Infinity ($AXS) is confronting mounting selling pressure across both spot and perpetual markets following a recent 13% price surge. Spot exchange inflows registered a positive netflow of $1.23 million amid an $8.42 million sell-off, while the perpetual funding rate plunged to -0.0565%. Despite growing short-side pressure, market sentiment sits at 5.46 alongside ...