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STX rises 13% as strong buying and bullish signals boost investor confidence

Market News
20 Sep 2026
AMBCrypto
View Source
Bullish
STX rises 13% as strong buying and bullish signals boost investor confidence

Stacks (STX) surged about 13% recently due to increased buying in the Spot Market, where traders accumulated STX by moving purchases into private wallets, indicated by a negative Netflow of around -$165,000. Over the past ten days, accumulation has totaled approximately -$1.15 million, signaling strong investor interest. Additionally, the Perpetual Market showed rising Open Interest and Funding Rate, reflecting bullish sentiment and long positioning by investors. However, a narrow liquidation gap between long and short positions suggests some caution remains among traders, indicating the rally may need further conviction to sustain momentum.

Stacks (STX) holds a market cap of Rp10,24 trillion and a 24-hour trading volume of Rp820,29 million on Pluang as of Sep 21, 2026 03:22 WIB. Despite the recent 13% surge noted in the news, STX's price on Pluang shows a more modest 1-day increase of 2.30% to Rp5.641. Pluang data also reveals that 97% of order activity is selling, with a typical hold time of 46 days, suggesting a mix of short-term trading and longer-term holding among investors.

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