News
SOON OI Falls 3.4% as Binance Holds 37.6% of Open Interest
SOON open interest stands at $51.6M, down 3.4% over 24 hours, with Binance holding 37.6% of the total. Liquidations are nearly balanced across 24 hours, but the shorter windows show a changing squeeze profile.
PENGU Open Interest Rises 5.5% as Exchange Positions Diverge
PENGU futures open interest reached $137.6M, up 5.5% in 24 hours, while Binance, Bybit, Gate and Bitget showed sharply different positioning. Long liquidations dominated the latest windows, and taker flow remained more short-biased than account balances.
Bitcoin Market Recap: $78.7B Volume and $127.1B Open Interest
Crypto derivatives activity remains large, with $78.7B in 24-hour volume and $127.1B in total open interest. Altcoins lead the risk-taking cycle, while $60.3M in liquidations favored short-position losses and funding stayed positive.
Derivatives Daily: Oct 4 — $60.4M Liquidations Test Bullish OI
Crypto derivatives open interest stands at $128.4B while 24-hour liquidations reach $60.4M, with short liquidations leading longs. Bitcoin ETF flows returned to a $102.7M daily inflow, but options point to $84,000 as the nearest key expiry level.
Quant OI Jumps 14.1%: $150.8M Futures Build a Crowded Test
Quant open interest rose 14.1% in 24 hours to about $150.8M while price reached $258.68. Binance and Bybit led the expansion, but negative funding and heavy short-term liquidation activity point to a crowded, unstable breakout attempt.
Pi Network Open Interest Rises 2.0% as MEXC Holds 54.9% Share
PI open interest rose 2.0% in 24 hours to about $21.7M even as price fell to $0.08862 and reported volume dropped 60.9%. MEXC holds 54.9% of tracked OI, while uniform 0.005% funding and zero reported liquidations point to a concentrated but not yet crowded structure.
HYPE Derivatives: $3.39B OI Meets Negative 8h Funding Pressure
HYPE open interest has climbed 4.5% to about $3.39B while the ticker’s 8h funding field remains negative at -0.0002871. Venue data shows positive current rates, long-heavy accounts, short-heavy taker flow and $488.9K in 24-hour liquidations, creating a squeeze-prone but conflicted setup.
Chainlink LINK: $207,091 Liquidations Expose a Short-Squeeze Skew
LINK’s $634.9M open interest has risen 1.5% while 24-hour liquidations reached $207,091, with short losses far exceeding long losses. Account positioning remains heavily long, but active takers are selling on key venues, creating a split signal beneath the apparent squeeze setup.
XRP Basis Hits -22.0% Annualized While $2.45B OI Holds Firm
XRP futures are trading in deep backwardation, with basis at -0.1% and -22.0% annualized while open interest has climbed 2.2% over 24 hours to about $2.45B. Account positioning is heavily long, but taker flow is short-biased on OKX and Gate, reinforcing a defensive derivatives signal.
Worldcoin WLD: $606.2M OI Meets a 65.5% Long Account Tilt
WLD open interest has climbed 19.1% in 24 hours to $606.2M, while accounts remain 65.5% long. The liquidation record is skewed toward shorts at $2.2M versus $1.1M in longs, but venue-level taker flow shows a sharper split.
XRP Positioning Splits as $2.4B OI Meets 75.7% Long Accounts
XRP futures show a sharp positioning divergence: 75.7% of accounts are long, while taker flow is net short at 43.5% long. Open interest has risen 1.9% in 24 hours to about $2.4B, but exchange funding ranges from -0.001467% on Bybit to 0.010% on Bitget.
Aave OI Slips 0.29% as Gate Jumps 21.45%, Funding Turns Uneven
Aave trades at $178.80 with aggregate open interest near $464.8M, down 0.29% in 24 hours. Gate’s 21.45% OI surge contrasts with declines at Binance and Bybit, while account positioning remains long but active takers lean short.
Worldcoin OI Surges 13.0% as $618.5M Builds Into Derivatives
Worldcoin open interest has climbed 13.0% in 24 hours to $618.5M, led by Binance and Gate, while the $0.5969 price keeps liquidation risk balanced. Account positioning remains long-heavy, but taker flow and sharply mixed funding rates signal a crowded, uneven rally.
BNB Derivatives: -0.031% Funding Meets $1.13B Open Interest
BNB funding averages -0.0310% per 8 hours while total open interest stands near $1.13B, creating a sharp cost advantage for shorts. Long-heavy accounts contrast with predominantly short Binance taker flow, while 24-hour liquidations remain heavily concentrated on longs.
Optimism Derivatives: $88.6M OI Meets a 6.2% Daily OI Rise
Optimism open interest reached $88.6M, up 5.6% in 24 hours, while price stood at $0.13271. Exchange positioning is split: Gate added 32.6% OI as Binance and Bybit declined, and long liquidations dominated the daily total.
GALA Open Interest Holds at $36.0M as Exchange Flows Diverge
GALA derivatives open interest totals $36.0M, down 0.6% over 24 hours, but Binance alone expanded 6.0% while Bybit fell 9.7%. Long accounts dominate at 65.3%, yet taker positioning is only 20.0% long, creating a fragile, venue-specific OI signal.
Litecoin OI at $591.6M as Gate Jumps 17.9% While Market OI Falls
Litecoin derivatives open interest stands at $591.6M, down 2.7% in 24 hours despite a 0.5% one-hour rebound. Gate added 17.9% while major venues remained lower, and $1.1M of the day’s $1.2M liquidations hit longs.
Bitcoin Market Recap: $173.0B Volume and $361.5M Liquidations
Crypto derivatives turnover reached $173.0B in 24 hours, while aggregate open interest stood near $127.6B and liquidations topped $361.9M. Long liquidations were dominant, but positive funding and steady ETF demand kept the broader structure constructive rather than bearish.
HBAR Open Interest Falls 2.9% as Long Liquidations Reach $1.9M
HBAR trades at $0.1014 while aggregate open interest has fallen 2.9% in 24 hours, led by sharp contractions on Bybit and Binance. Long liquidations account for $1.9M of the $1.9M 24-hour total, leaving the market structurally vulnerable despite a long-heavy account balance.
HYPE Open Interest Falls 3.6% as Whale Positioning Splits Across Venues
HYPE open interest has dropped 3.6% in 24 hours to about $3.3B, but exchange positioning is uneven: Gate expanded 26.3% while Binance declined 8.1%. Long accounts remain dominant even as taker flow and liquidation data point to a more fragile bullish structure.