News
Bitcoin Liquidations Hit $56.2M as Open Interest Falls 1.8%
Bitcoin fell to $80,275.10 as 24-hour liquidations reached $56.2M, with longs accounting for $37.7M. Aggregate open interest dropped 1.8% to $44.98B, signaling deleveraging rather than fresh leverage expansion.
Ethereum: $46.8M Liquidations Expose a Short-Squeeze Skew
Ethereum derivatives show $46.8M in 24-hour liquidations, with shorts accounting for $33.2M while open interest stands at $26.1B. Account positioning remains 58.5% long, but active takers are only 47.2% long, creating a fragile positioning split.
Solana Derivatives: $4.90B OI Meets a Sharp Liquidation Skew
Solana futures open interest stands near $4.90B after falling 2.5% in 24 hours, while long liquidations reached $6.93M versus $2.03M for shorts. Account positioning remains net long at 63.6%, but taker flow is short-biased at 47.8% long.
Ethereum: $2,630 Price Meets $26.2B OI in a Max-Pain Setup
Ethereum trades at $2,629.97 while total open interest stands at $26.15B, up 1.3% over 24 hours. Short liquidations reached $35.0M in the same period, pointing to overhead squeeze risk despite crowded long positioning.
Crypto Market: $167.9B Volume Meets $244.7M in Liquidations
Crypto futures traded $167.9B in 24 hours while open interest stood at $123.0B, with altcoins led by ONE and COOL. Liquidations reached $244.7M, skewed toward shorts, as positive funding and improving ETF flows supported a constructive but crowded market.
Derivatives Daily: Sep 20 BTC OI at $124B as $245M Liquidates
Global derivatives open interest stands near $124.0B, while $244.9M was liquidated in the latest 24-hour window, with shorts accounting for the larger share. ETF flows improved on Sep 18, but the seven-day picture remains mixed for BTC and mildly positive for ETH.
Cardano Basis Annualizes at 32.0% as OI Reaches $465.5M
Cardano futures show an 8.8% basis and 32.0% annualized carry while open interest stands at $465.5M, up 3.2% over 24 hours. Positive funding and heavy account-level longs contrast with mixed taker positioning and a sharp shift in liquidation pressure.
Ethereum ETF Flows Meet $26.2B OI and 58.6% Long Accounts
Ethereum derivatives show $26.2B in open interest, a 58.6% long-account share and broadly positive funding, while exchange-level positioning remains uneven. Liquidations and taker activity point to a crowded upside bias that still depends on price holding $2,632.31.
Injective Adds 18.8% as $157.8M Open Interest Tests Breakout Strength
Injective rose 18.8% to $7.912 while aggregate open interest climbed 24.3% to $157.8M. Short liquidations reached $574.4K over 24 hours, but the account-long bias and weaker active buying show that the breakout remains exposed to a pullback.
Solana at $110.07: Negative Basis, 0.010% Funding and Falling OI
Solana futures show a -2.7% basis and -9.9% annualized basis while total open interest sits near $4.9B after a 2.8% daily decline. Positive funding, long-heavy accounts, and overwhelmingly long liquidations point to crowded positioning rather than healthy contango.
Bitcoin Derivatives: $53.2M Liquidations Tilt 83.2% to Shorts
Bitcoin futures recorded $53.2M in 24-hour liquidations, with $44.2M from shorts, while open interest rose 0.9% to $45.9B. Account positioning stayed balanced at 49.6% long, but taker flow leaned 59.5% long, creating a squeeze-heavy yet increasingly crowded setup.
Bitcoin Derivatives: $45.98B OI Meets $58.2M Short Liquidations
Bitcoin futures open interest stands at $45.98B, with 24-hour short liquidations reaching $58.2M against $8.2M in long liquidations. Positioning is split between 49.5% long accounts and 56.8% long taker flow, creating a crowded upside path but uneven downside protection.
Bitcoin ETF Flows: $46.1B OI Meets $59.3M Short Liquidations
Bitcoin derivatives show $46.1B in open interest, up 0.8% over 24 hours, while short liquidations reached $59.3M. Exchange positioning remains mixed, but the liquidation imbalance and modest funding suggest ETF-linked demand has not yet produced a crowded long trade.
Zcash OI Hits $2.92B as $20.9M of Shorts Were Liquidated
Zcash open interest stands at $2.92B after a 0.5% daily increase, while short liquidations reached $20.9M over 24 hours. Exchange positioning remains heavily short by account count, creating a crowded structure around key liquidation prices.
XRP Open Interest Adds 9.1% as Long Bias Meets Liquidation Risk
XRP open interest has risen 9.1% in 24 hours to about $2.24B while account positioning remains 71.9% long. Yet $5.0M of the $6.7M liquidated over 24 hours came from shorts, leaving the structure bullish but increasingly crowded.
Pepe Derivatives: $265.9M OI Meets 0.010% Funding Across Venues
Pepe open interest reached $265.9M, up 8.5% in 24 hours, while funding remains positive across the largest venues rather than turning negative. Account positioning is heavily long, but taker data shows a sharp divergence that raises squeeze risk.
CRV Open Interest Adds 2.7% as Gate Jumps 50.0% in 24 Hours
CRV derivatives open interest reached $110.5M, up 2.7% in 24 hours, with Gate expanding 50.0% while the largest venues posted more modest gains. Short liquidations dominated at $57.6K versus $5.6K for longs, but positioning remains mixed.
Injective OI Surges 23.6% as Binance Leads With 25.03% Share
Injective open interest has climbed 23.6% in 24 hours to about $153.0M, led by Binance at 25.0% market share and a 38.1% increase. Account positioning remains long-heavy, but aggressive takers are predominantly selling while short liquidations dominate the daily window.
Aptos OI Jumps 19.0% as $121.5M Positions Test the Rally
Aptos open interest has climbed 19.0% in 24 hours to about $121.5M, while the average funding rate is elevated at 0.0413%. Bybit and Binance hold the largest venue shares, but long liquidations are beginning to catch up over the wider session.
Pi Network OI Falls 32.8% as $16.7M Market Tests a Rebound
Pi Network futures open interest fell 32.8% in 24 hours to about $16.7M, despite a 0.5% one-hour increase. MEXC still holds the largest share at 39.8%, while funding is uniformly positive at 0.005%.