News
BNB Positioning Diverges as $1.17B OI Meets 68.8% Long Accounts
BNB open interest stands at $1.17B while 68.8% of tracked accounts are long, yet taker positioning is only 34.6% long. Liquidations also favor shorts at $932.9K versus $425.0K for longs over 24 hours, exposing a sharp positioning divergence.
Crypto Market Recap: $165.8B Volume and $131.5B Open Interest
Crypto derivatives remain constructive but crowded, with $165.8B in 24-hour volume, $131.5B in aggregate open interest and $191.9M in liquidations. Bitcoin sits near $85,757 while altcoin momentum broadens, although long liquidations still dominate the full-day tally.
Derivatives Daily: Oct 6 — $191.9M Liquidations and BTC ETF Inflows
Crypto derivatives recorded $191.9 million in 24-hour liquidations, with long positions accounting for $120.2 million. Bitcoin ETFs attracted $189.8 million on the latest session and $566.2 million over seven days, while options positioning keeps $84,000 in focus.
NEAR Protocol: $1.48B Open Interest and 4.58% Daily Expansion
NEAR is trading at $5.262 with aggregate open interest near $1.48B, up 4.6% in 24 hours. Short liquidations dominate at $1.81M versus $717.2K for longs, while account positioning remains bullish but taker flow is more defensive.
XRP Liquidations Hit $4.5M as Shorts Face a $505K Four-Hour Squeeze
XRP open interest stands at $2.5B, while $4.5M in positions were liquidated over 24 hours. The liquidation skew shifted sharply from short losses over four hours to long losses across the full day, exposing a crowded but conflicted market.
Hyperliquid HYPE: $3.62B OI Climbs 6.2% as Shorts Face Pressure
HYPE is trading at $95.047 with open interest near $3.62B, up 6.0% in 24 hours, while exchange-level OI gains are led by Gate, Binance and Bybit. Short liquidations reached $1.87M over 24 hours, but negative aggregate funding and bearish taker flow complicate the bullish structure.
Solana Basis Falls to -18.1% Annualized as Open Interest Rises 2.2%
Solana futures are trading in deep backwardation, with annualized basis at -18.1% while total open interest rises 2.2% to about $5.42B. Account positioning remains long-heavy, but taker flow and liquidation data point to a fragile structure rather than clean bullish conviction.
Zcash OI Hits $2.64B as Taker Longs Fall to 39.7%
Zcash open interest reached $2.64 billion, up 0.97% in 24 hours, while active taker flow remained short-heavy at 39.7% long. Exchange positioning is uneven, with Binance holding 23.89% of OI and the latest liquidation window favoring short liquidations at the one-hour horizon but long liquidations over 24 hours.
Cardano Derivatives: 22.0% OI Surge Meets a $3.8M Liquidation Tilt
Cardano’s open interest has climbed 22.0% in 24 hours to $603.6M, while $3.8M in ADA liquidations show a sharp shift from short squeezes to long-side stress in the latest window. Account positioning remains heavily long, but taker flow and venue-level funding suggest the rally is becoming increasingly crowded.
Cardano OI Surges 23.1% as $603.5M Backs a Breakout Test
ADA trades at $0.2649 with aggregate open interest at $603.2M, up 23.0% in 24 hours, while volume jumped 489.9%. Account positioning is heavily long, but taker flow leans short, creating a breakout with clear squeeze and reversal risks.
Ethereum Liquidations: $47.0M in 24h Reveals a Split Market
Ethereum derivatives show $47.0M in 24-hour liquidations, with shorts accounting for $28.0M while longs dominate the shorter windows. Account positioning is heavily long at 65.3%, but taker flow is net short at 42.6% long, creating a clear liquidation skew.
Cardano OI Surges 20.9% as $595.7M Crowds Into Perpetuals
Cardano futures open interest rose 20.9% in 24 hours to $595.7M, led by Binance and Gate, while account positioning stayed heavily long. Yet taker flow turned defensive on OKX and Gate, and recent liquidations show the rally is carrying meaningful long-side fragility.
Injective OI Adds 1.3% as Binance Holds 19.6% of Contracts
Injective derivatives open interest rose 1.3% in 24 hours to about $143.7M, but the largest venues show diverging positioning. Long liquidations reached $65.6K versus $35.3K for shorts, keeping the structure tilted toward fragile longs.
Bitcoin Alert: $112.8M Liquidations as Futures OI Drops 0.8%
Bitcoin is trading at $85,543 after $112.8M in 24-hour liquidations, with long positions absorbing $37.9M and aggregate futures OI down 0.8% over the last hour. The liquidation profile is now short-term bearish unless price recovers $87,530 while OI rebuilds above $45.3B.
Aerodrome Finance OI Holds $163.2M as 24-Hour Exposure Falls 2.4%
Aerodrome Finance open interest sits near $163.2M, with a 0.7% one-hour uptick failing to reverse a 2.4% 24-hour decline. Account positioning remains net long, but taker data points sharply the other way while funding stays positive across most venues.
LayerZero Drops 3.3% as $244.0M OI Meets Negative Funding Pressure
LayerZero trades at $1.9544 after a 3.3% decline, while total open interest stands near $244.0M, down 5.9% in 24 hours. The negative average funding signal is uneven across venues, but long-heavy accounts and short-heavy taker flow point to a fragile positioning structure.
Arbitrum Basis Falls to -19.5% Annualized as OI Adds 3.6%
Arbitrum futures remain in backwardation, with basis at -5.3% and annualized basis at -19.5% while open interest reaches $288.5M after a 3.6% daily increase. Long liquidations dominate the latest windows, but account positioning remains materially more bullish than aggressive taker flow.
SOL OI Holds $5.29B as Long Liquidations Reach $3.48M
SOL derivatives show $5.29B in tracked open interest, while 24-hour long and short liquidations are nearly balanced at $3.48M and $3.54M. Account positioning remains long-heavy, but active takers are net short and funding varies sharply by venue.
Crypto Market Recap: $198.8M Liquidated as Shorts Face Pressure
Crypto derivatives traded $128.7B in 24 hours while open interest held near $130.6B. Short liquidations reached $142.6M, more than twice long liquidations, as Bitcoin and selected altcoins extended gains.
Bitcoin Cash Funding Turns Negative as $351.7M OI Tilts Defensive
Bitcoin Cash trades at $316.29 while aggregate open interest stands near $351.7 million and average eight-hour funding is -0.026535%. Negative funding is concentrated at Bybit and Kraken, while account positioning remains heavily long and liquidations favor longs over the latest four-hour window.