Bykaranteli

Our data now leaves a receipt on public blockchains. Every 5 minutes, 35 feeds we compute (funding, open interest, liquidations, order book depth, premiums and pressure scores for $BTC , $ETH , $SOL and more) are sealed into one Merkle root, signed by an isolated key and written to Solana mainnet, with a daily attestation on Base. If anyone, including us, changed one of those numbers afterwards, it would stop matching the chain. You do not have to take our word for it: the verifier on our proof page rebuilds a record, checks its signature and reads the anchor straight from Solana in your own browser. Beta, on mainnet since 18 September. Free, no account needed.

$BTC fell -0.20% over the last 24 hours and now trades at 75,901. The largest liquidation print was a short liquidation of $761K on OKX, with 2,043 recorded prints of $1K or more. The heatmap behind the candles is an estimate; the prints on them are recorded.

Solana's perpetual venues turned over $1.95B in the 24 hours to Nov 6, against $216.9M held open across six venues and 290 markets. Far more money moved through these books than stayed parked in them.

GM Trade carries the largest share at $84.9M (39.1%), ahead of Pacifica at $56.6M (26.1%) and Jupiter Perps at $48.6M (22.4%). Phoenix holds $22.6M, Bullet $4.1M and Velocity $112K.

The biggest single market is $SOL on Jupiter Perps with $31.4M open. Holding a position there carries an hourly borrow fee of +0.0016%.

Solana carries most of the weight on Jupiter Perps. Of the $79.0M in bets on higher prices across the three markets, $50.1M sit on $SOL , against $12.6M betting on a fall. The price stood at $90.17, up 0.14% over 24 hours.

Across $SOL , $ETH and $BTC , buyers hold 81.3% of open bets and shorts total $18.2M. Bitcoin longs come next at $24.4M, and Ether is small at $4.4M.

The JLP pool, the $787.3M of liquidity that takes the other side of these trades, earns 11.13% a year. Its capacity for shorts is the stretched part, with 70.16% in use on every market. Solana longs use 13% of theirs.

Bitcoin positioning split by size on Nov 6. The largest tracked Hyperliquid wallets had 65.4% of their position size on the short side, and HTX's elite accounts, weighted by position, were 66% short.

Most exchange accounts sat on the other side. Counted by accounts, 79% were long on Bitget, 76% on Binance and 75% on OKX. On Jupiter, 81% of open positions were long, the most of any venue.

Across 11 venues the most long and most short readings were 47 points apart. Binance's top traders, weighted by position, were 67% long, closer to the crowd than to the Hyperliquid wallets.

Longs took most of the $281.3M in liquidations recorded over the 24 hours to Nov 6. Bets on higher prices lost $210.2M against $71.1M for shorts, across 90,098 forced closures, with $BTC leading at $68.2M.

Open futures bets across 27 venues came to $69.60B, -0.78% against a day earlier. The largest Hyperliquid accounts by equity hold 41.3% of their open dollars on the long side.

US spot Bitcoin ETFs settled Nov 5 at a net -$430.2M, Ether ETFs at -$100.0M. The biggest resting $BTC bid band sits at $75.8K.

Tokenized stocks, tokens that each track one listed share held by a custodian, were worth $4.02B on chain at share prices on Nov 6, +4.09% since the last recorded day.

Trading went the other way. Decentralized exchange volume came to $320.2M, -18.63% on the day.

Binance bStocks is the largest issuer at $1.44B. The median token priced at -0.11% to its real share. The widest gap above was DNUT Solana +2.50%, the widest below SPCXon Ethereum -2.11%.

Even the best of the eight theme baskets we track lost money over the 24 hours to Nov 6. Layer 1 held up most at -6.32%, and AI took the worst hit at -8.91%, with DePIN close behind at -8.54%.

The 30 day picture is just as one sided. $BTC returned -11.1% over that stretch, and none of the eight baskets kept pace. Quantum came closest at -19%, 7.9 percentage points behind Bitcoin, while AI trailed by 19.8 points at -30.9%.

Each theme is an equal weight basket of Binance spot pairs, rebased to Jan 1, 2025.

$BTC dominance is 59.17% and the tape is waiting, with capital still parked in $BTC as risk off consolidation. A rotation read needs a move away from 59.17% and follow through in $ETH or wider alts to confirm capital leaving $BTC .

Bitcoin's two crowds split on the last day. In the 24 hours to Nov 6, 19:00 UTC, aggressive sellers on the global perp market outweighed aggressive buyers by -$142M. On the US spot venue, buyers came out ahead by +$116M.

The seven day picture is different. Both markets bought on net over the window, the US spot venue by +$299M and the global perp market by +$347M. These are cumulative volume delta figures, which count market buy orders minus market sell orders, in dollars.

The selling on the day came from leveraged traders, not from the spot side.

Traders' mood gave up 22 points in a single day. The Fear and Greed index, one score for how nervous or bold the market feels, read 28 at 19:00 UTC on Nov 6, a reading labelled fear.

The dollars parked on crypto rails shrank over the same 24 hours. Total stablecoin supply came to $293.20B, a move of -0.64% on the day.

Bitcoin holds 59.17% of the whole crypto market's value, so most of the money still in this market sits in $BTC rather than in other coins.

Eight points came off the Altcoin Season Index over the past seven days, leaving it at 62 on Nov 6. That keeps the market in no clear season, above the 25 line for Bitcoin season and below the 75 line where altseason starts.

Of the 50 altcoins we sample, 31 beat Bitcoin over the past 90 days. $BTC itself returned 15.9% in that window.

The gap inside that group is wide. $BTW leads with +492.9% over 90 days, and $ESPORTS sits at the bottom with -44.8%.

On 4 hour charts, more coins sit at the oversold end of their momentum range than at the overbought end. Of 634 coins tracked, 20 read oversold and 10 read overbought on the latest reading.

RSI, the relative strength index, compares the size of a coin's recent gains with its recent losses. A low reading means selling dominated the last stretch of candles. A high reading means buying did. The average across all 634 coins is 46.43.

Both extremes cover only a small slice of the market. An oversold reading describes momentum that has already happened, not where price goes next.

Bitcoin is down 7.26% over 14 days to $75,753, and the crowd is leaning hard toward a rise. On Nov 6, 3.11 accounts held long bets for every one holding short, close to the 3.19 high of the past two weeks. The low in that window was 1.37.

The biggest traders split depending on how you count them. By head count they lean long at 3.34 per short, but weighted by money their ratio is 2.1.

Market orders ran the other way. Over the 24 hours to Nov 6, selling at market beat buying at market by -1,497 BTC. Among alts, $ETH has the most one sided crowd at 3.93 long accounts per short.

On the daily, 63 of 400 Binance crypto perps are oversold and 14 are overbought, with $HUMA the most oversold at 23.6. Next are $CT at 23.6 and -2.2%, and $THE at 23.8 and +1.1%. The heatmap shows the same contracts across eight intervals.

Holding a $ADA perpetual costs very different amounts depending on the venue. On Nov 6 the gap between the cheapest and the most expensive venue reached 0.1% per 8 hours, the widest among the coins listed, with Delta charging longs the least.

Funding is the regular payment between long and short holders. $AVAX came next with a 0.09% gap between HTX and XT, then $DOGE at 0.07% between Kraken and XT, and WIF at 0.05%.

The modeled yearly carry on the Cardano gap comes to 100.51% after fees. That figure assumes today's spread holds for a full year, so it is an estimate and not a recorded return.

Buyers added more depth than sellers to Ether's spot books in the 24 hours to 15:37 UTC on Nov 6, even with the price down 2.6% to $2,217.75. Bids within 2% of the price grew 25.3% across 21 venues, and offers on the other side grew 11.7%.

That leaves $92.67M of bids against $74.93M of asks, a 10.6% tilt toward the buy side.

The biggest single bid is $14.74M at $2,216.64, 0.05% under the price. The largest offer, $13.30M, rests at $2,221.07, 0.15% above. Resting orders can be pulled at any time, so this is a snapshot of the book rather than a promise.

Bitcoin was cheaper in Turkey than on global markets on Nov 6. The Turkey Premium Index read -0.28% (-28.4 bps), a score of 39 / 100 in the discount regime, a long way from its 24 hour average of +0.2 bps.

The cheap dollar carried the move. Tether against the lira traded -25.5 bps below the official USD/TRY rate. The crypto leg added only -2.9 bps.

All six venues we track sat below the world price. CoinTR was the dearest at -13.4 bps and Binance TR the cheapest at -34.4 bps. This is a price gap, not a trade anyone can lock in at those levels.

A half hour flush just landed on Bitcoin buyers using borrowed money. Across the major venues, $13.8M of $BTC long positions were closed by force in the last 30 minutes, shut once losses used up the margin behind them.

The other side took a much smaller hit. Positions betting on a lower price lost $2.0M in the same window.

The pressure sat almost entirely with leveraged longs. These totals come from the raw liquidation streams of the major venues.

Pepe carries the heaviest long pressure on our board in the 24 hours to 15:00 UTC on Nov 6. Open futures positions on $PEPE grew 7.79%, and buyers pay 0.04% in funding, a fee that flows from longs to shorts every few hours. Fresh positions are piling onto the side that already pays, which is what crowding means.

The board leans long overall. $QQQ contracts added 35.43% in open positions with longs paying 0.01%.

$CYBER breaks the pattern. Open positions there grew 334.69%, yet funding is at -0.03%, so it's the shorts who pay to keep their bets on.