Audiera price drops 21% amid capital outflows but spot traders still accumulate for rebound

Audiera (BEAT) saw its price fall over 21% to $0.26, the lowest since early March, driven by net capital outflows totaling $6.27 million in the past day and $55.91 million over 15 days. Despite this, the perpetual market shows signs of bullishness with a positive funding rate and a 10% rise in open interest, indicating traders are adding long positions. Spot traders also continued buying BEAT during the decline, suggesting they view the lower price as a buying opportunity. These factors combined could support a near-term price rebound for Audiera.