BAT, OP and STX all rallied between the Oct 8 and Oct 13 daily closes. In each case, open interest grew faster than price. 📈 BAT rose ~90%. Open interest went from $6.6M to $28.3M, more than 4x, and more than doubled in coins. 🔀 OP rose ~33%. Open interest rose ~60% in dollars but only ~20% in coins, so much of that jump is existing positions repricing. 🔒 STX rose ~13%, with open interest up ~50% in dollars and ~35% in coins. The Bitcoin-staking lockup behind the narrative sits on-chain, where our STX coverage stops. 🆕 BAT drew 904 new addresses from Oct 9 to 13, peaking at 285 on Oct 10, about 6.6x its September weekday average. Of the two we can see on-chain, only BAT shows new wallets rising alongside the leverage, and even there they are in the hundreds. 🔗 Explore BAT open interest in Sanbase: https://app.santiment.net/charts/bat-coin-oi-32225?utm_source=x&utm_medium=post&utm_campaign=altsoi_1026&aff=33