Stacks, down 22.28% in two hours… 505 BTC locked in Bond No. 2
Original headline스택스, 2시간 새 22.28% 하락…2호 본드에 505 BTC 묶였다
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Stacks (STX) rallied to $0.399 (about 533 won) on October 31 before dropping 22.28% from its intraday high within two hours, according to AMBCrypto, though the token remained up 7.29% over 24 hours as of 9 p.m. KST on November 1 and held above the $0.314 (about 419 won) short-term supply zone flagged last week. The rebound originated from a $0.268 (about 358 won) low, with AMBCrypto attributing the recovery to easing sell pressure across Bitcoin and the broader crypto market starting October 29. Separately, Stacks' Bond 2 has locked 505 BTC, underscoring growing Bitcoin collateral on the network. The pullback after the intraday peak suggests profit-taking amid volatile conditions, and traders are watching whether STX can sustain levels above the $0.314 supply zone.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Stacks (STX) (STX), AMBCrypto, Bitcoin (BTC) (BTC)
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