News
Crypto Market Morning Recap: $88.0B Volume and 82 Altcoin Index
Crypto derivatives opened with $88.0B in 24-hour volume, $129.7B in aggregate open interest and a strong altcoin reading of 82. Liquidations reached $116.3M, with long liquidations slightly exceeding shorts as Bitcoin options cluster around $84,500.
Derivatives Daily: Sep 27 — Bitcoin OI at $129.9B, $116.5M Liquidated
Crypto derivatives open interest stands at $129.9B while 24-hour liquidations reached $116.5M, with long liquidations leading. Bitcoin and Ethereum ETF flows stayed positive over the latest session, while options positioning clusters around $84,500 and $83,000.
Injective OI Purge: $146.1M Open Interest Falls 5.7% in 24 Hours
Injective open interest fell 5.7% in 24 hours to $146.1M, led by declines on Bybit and Binance. Long liquidations reached $377.1K versus $25.6K for shorts, while account positioning remains much more bullish than taker flow.
HYPE Holds $3.34B OI as Negative Funding Splits Major Exchanges
HYPE’s 8-hour average funding is negative at -0.0317% while open interest holds near $3.34 billion. Long accounts still dominate at 61.2%, but taker positioning is more balanced at 52.4%, creating a divided derivatives signal.
HBAR Positioning Diverges as $148.2M OI Meets 66.3% Long Accounts
HBAR derivatives show a split market: account positioning is 66.3% long, while active takers are nearly balanced at 49.3% long. Open interest is concentrated on Binance and Bybit, but their changes are moving in opposite directions as long liquidations dominate the latest window.
Pepe Derivatives Split: $313.98M OI Meets 74.0% Long Accounts
Pepe futures show $313.98M in open interest while 74.0% of tracked accounts are long, yet taker flow is 87.1% short. Long liquidations reached $674.1K over 24 hours, exposing a sharp positioning divergence beneath a mildly positive OI backdrop.
Dogecoin OI Reaches $1.29B While 72.9% of Accounts Stay Long
Dogecoin open interest has risen to $1.29B, but the market shows a sharp positioning split: 72.9% of accounts are long while taker flow is only 40.4% long. Long liquidations dominate the latest windows, adding pressure to an already crowded bullish side.
XRP Derivatives: $7.7M Liquidations Expose a Long-Side Skew
XRP trades at $1.525 as 24-hour liquidations reach $7.73M, with longs accounting for $7.18M. Account positioning remains 73.1% long, but taker flow is only 44.2% long, creating a sharp liquidation-skew warning.
Shiba Inu Open Interest Jumps 19.8% as Funding Crowds Longs
Shiba Inu futures open interest has climbed 19.8% in 24 hours to $65.2M, while 68.1% of accounts are long versus 58.2% of active takers. Funding is positive overall, but venue-level dispersion and short-heavy liquidations suggest a crowded, uneven trade rather than a clean trend.
Uniswap OI Hits $838.6M as 63.9% Long Accounts Meet Uneven Flow
Uniswap open interest stands at $838.6M, up 3.3% in 24 hours, while account positioning is 63.9% long against a 57.0% long taker split. Concentrated exchange exposure, uneven funding and mixed liquidation pressure point to a crowded but not yet fully exhausted structure.
Solana Open Interest Hits $5.5B as Short Liquidations Reach $6.0M
Solana derivatives show a positioning split: open interest rose 4.6% to $5.5B while accounts remain 62.3% long, yet taker flow is only 45.2% long. Short liquidations reached $6.0M over 24 hours, reinforcing squeeze pressure but not confirming broad demand.
HYPE Open Interest Tops $3.3B as Whale Positioning Splits Across Venues
HYPE open interest stands near $3.3 billion, with Binance adding 2.9% over 24 hours while Gate expands 21.5%. Account data remains long-heavy, but Gate taker flow turns short and funding stays mostly negative, pointing to uneven whale positioning rather than a clean directional consensus.
Litecoin Derivatives: -15.0% Basis Meets $674.4K Short Liquidations
Litecoin futures show a -15.0% annualized <a href="/basis">basis</a> while open interest climbed 7.3% to about $574.8M. Short liquidations reached $674.4K in 24 hours, but account positioning remains heavily long at 69.0%.
Ethena ENA Jumps 19.7% as Open Interest Reaches $770.6M
ENA trades at $0.28115 after a 19.7% surge, while total open interest reached $765.98M, up 28.2% in 24 hours. Heavy short liquidations and a split between account positioning and taker flow make the breakout powerful but increasingly crowded.
ONDO: $526M Open Interest Meets 0.030% Funding and 71.8% Longs
ONDO carries $525.8M in aggregated open interest, with average 8-hour funding near 0.030% and 71.8% of tracked accounts long. Binance and Bybit hold nearly equal shares, while Gate’s open interest has surged 33.9% in 24 hours, creating a crowded but internally divided setup.
Crypto Market Recap: $147.7B Volume and $129.3B Open Interest
Crypto derivatives remained heavily active, with $147.7B in 24-hour volume and $129.3B in aggregate open interest across 2,679 tracked markets. Long liquidations reached $119.4M versus $67.5M for shorts, while altcoins led the broader rotation.
Litecoin Derivatives: $582.5M OI Meets a Negative Funding Signal
Litecoin trades at $73.51 with aggregate open interest near $582.5M, up 8.5% in 24 hours, while the ticker funding average remains negative. Short liquidations lead over longs across the 4-hour and 24-hour windows, but account positioning is still heavily long.
Ethena OI Surges 39.0% to $773.2M as Short Liquidations Lead
Ethena open interest climbed 39.0% in 24 hours to $773.2M while short liquidations reached $5.6M, showing a leverage-heavy upside move. Exchange positioning is bullish on accounts, but taker flow and uneven funding rates point to growing two-way risk.
Cardano ADA: $571.0M OI Reveals a Sharp Positioning Divergence
Cardano derivatives show $571.0 million in open interest, up 5.7% in 24 hours, while account positioning remains heavily long but taker flow leans short. Exchange-level funding and liquidation data point to a crowded but uneven market rather than a clean directional breakout.
Chainlink LINK: $684M OI Makes the $14 Breakout Test Critical
LINK trades at $14.049 while aggregate open interest stands near $684.1M, down 2.8% in 24 hours despite gains at several major venues. Long liquidation pressure dominates the latest hourly window, while account positioning remains more bullish than active taker flow.