Filecoin [$FIL] witnessed a major rally over the past day, gaining roughly 13% at press time.
Bullish positioning in the perpetual market supported the outlook, but Spot Netflow showed that sellers remained active. That left investors watching whether buyers could sustain the rally, with potential liquidation pressure below the market.
Are $FIL spot buyers supporting the rally?
$FIL’s latest Spot Netflow readings challenged the accumulation narrative.
