STX rises 5.21% as US crypto stocks open higher
Stacks (STX)
Editor:
Eugene Serbin
lookonchain.com reports that US-listed crypto stocks opened broadly higher on 5 October 2026, with the storage sector name STX up 5.21%. The three major US stock indexes opened mixed, with the Dow Jones Industrial Average falling 0.1%, the S&P 500 rising 0.07%, and the Nasdaq gaining 0.1%. In the storage sector, Western Digital surged 7.38%, SanDisk rose 0.64%, and Micron fell 0.74%.
Crypto-related stocks also saw gains, with SBET up 2.35%, BMNR up 1.6%, GEMI up 2.57%, BLSH up 1.52%, CRCL up 1.78%, MSTR up 1.94%, and COIN up 2.09%. Optical module stocks showed varied performance, with LITE up 2.47%, AAOI up 2.12%, COHR down 0.68%, NOK down 1.49%, and MRVL down 0.48%. Token issuance platform Umia completed a $6.11 million financing round via a token auction.
Trump stated that the reason for surging oil prices is no longer the Strait of Hormuz, but rather the problem lies with refineries. The yield on the 30-year US Treasury note rose to 5.69%, marking a new high since 2002.
How the market reacted
Whalio's own Binance spot order flow for STX, measured when this story was written up on 5 October 2026. Not the outlet's figures.
Whalio data shows STX trading at $0.3896 with a 1-hour buy ratio of 60.7% and a 4-hour buy ratio of 58.3%, both higher than the 24-hour ratio of 51.5%. This indicates that buying pressure is building in the short term, as recent trades favor buyers more than the daily average. The volume delta is positive across all timeframes, with +$5,274 in the last hour, +$125,242 over four hours, and +$76,263 over 24 hours. A positive volume delta means that buy volume exceeds sell volume, pushing the price up. The cumulative volume delta (CVD) for the 24-hour close is +$200,840, confirming net inflows. Net buying occurred for 15 of the last 24 hours, with a total spot volume of $2,612,770 and 28,678 trades.
The latest daily buy ratio of 53.8% sits at the 79th percentile of the last 322 days, against a median of 50.8% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for STX, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 52.3%, compared to the latest day's 24-hour ratio of 51.5%, a difference of -0.8 points. Weekly volume was 0.62x the average, indicating lower-than-usual trading activity. Net buying occurred on 6 of the 7 days, with a total volume delta of +$838,288 over 8 days. The price increased by 15.1% over the 8-day period. This suggests that while buying pressure has been consistent, the current day's volume is below the weekly average.