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DeXe token surges 570% but bearish bets on Binance signal possible price reversal soon

Market News
15 Apr 2026
AMBCrypto
View Source
Neutral
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DeXe's token price has surged 570% since early February, driven by strong demand in the utility and service token sector. However, derivatives data from Binance shows a growing sell-side bias, with the Taker Buy/Sell Ratio dropping below 1 and a negative funding rate indicating dominant short positions. This divergence between spot price gains and bearish derivatives sentiment suggests the rally may be nearing exhaustion and a price correction could be imminent unless buying pressure intensifies. Investors should watch for shifts in derivatives positioning as a key risk indicator.

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