The cryptocurrency DEXE has gained 15% in the last 24 hours, with its spot trading volume surging 76% to $7.34 million. Data from messari.io and derivative market metrics indicate increased whale accumulation and buyer dominance, suggesting the rally may have both technical strength and capital support.
The cryptocurrency DeXe has gained 15% in the last 24 hours, with its spot trading volume surging 76% during the same period. At press time, the token’s spot trading volume was standing at $7.34 million, according to data from Messari.
This sharp rise signals renewed market participation as investor interest returns. The stronger signal may be coming from futures markets, where analysis of Average Order Size data shows whales are stacking positions.
Large orders are flowing in at the current trading price, showcasing growing confidence among DeXe investors. At the same time, aggressive long positioning is reinforcing the bullish structure in the derivatives market.
Whale accumulation changes the tone of a rally, as large holders take long positions early. Their activity could tighten supply and create upward pressure, potentially pushing prices even higher.
On the daily chart, the token’s price action has broken out of a falling wedge pattern. The current structure favors bulls, with expanding network spot volume and whale accumulation.
However, sustainability depends on continued volume expansion and if derivatives momentum cools, price action may undergo a short correction. For now, the rally has both technical strength and capital support behind it.
