ME News report, June 12 (UTC+8): All five stock spot assets on this list posted 24-hour gains exceeding 9.9%, with SNDK leading at +14.5% and a notional trading volume of $176.7M, accounting for 75% of the total. Market signals are diverging: SNDK, CRWV, and PURRDAT maintain positive funding rates (indicating positive costs for long positions), while MSTR (8h funding -0.0048) and AMD (8h funding -0.0011) have negative funding rates despite rapid price increases, suggesting that long-short divergence has not narrowed with the upward momentum. The top five assets are: SNDK, CRWV, AMD, MSTR, PURRDAT. (Source: D Pro)
TradFi Stocks Rally: SNDK Surges 14.5%, MSTR and AMD Show Negative Funding Rates
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Summary
On June 12 (UTC+8), five TradFi stocks rose more than 9.9% in 24 hours, led by SNDK’s 14.5% gain. SNDK accounted for 75% of the $176.7 million trading volume. Positive funding rates persisted for SNDK, CRWV, and PURRDAT, while MSTR and AMD posted negative 8-hour funding rates despite price increases. The top five assets: SNDK, CRWV, AMD, MSTR, and PURRDAT.
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