Market Snapshot 12:12
BTC has reclaimed the $80,000 level, and spot ETF net inflows are still accelerating.
BTC: Yesterday (08-24), spot ETF net inflows were $338 million, up from $307 million the day before. Cumulative inflows have now reached $54.04 billion—institutions are showing no signs of stopping.
ETH: Open interest rose 3.8% over 24 hours to $6.02 billion. Long positions account for as much as 70.6%. Leveraged longs are tightly crowded together, betting on a rebound; however, the spot price has only risen 2.47%—leverage is increasing faster than price.
BNB: BSC-chain TVL rose from $5.54 billion to $5.56 billion, an increase of just 0.40%. In the past 24 hours, on-chain fees were $2.04 million. On-chain activity is rising much more moderately than price.
The Fear & Greed Index climbed to 74. Sentiment is hot, following a rhythm that’s faster than both on-chain activity and leverage. This time, money and sentiment are not perfectly aligned.
$BTC $ETH $BNB
BTC has reclaimed the $80,000 level, and spot ETF net inflows are still accelerating.
BTC: Yesterday (08-24), spot ETF net inflows were $338 million, up from $307 million the day before. Cumulative inflows have now reached $54.04 billion—institutions are showing no signs of stopping.
ETH: Open interest rose 3.8% over 24 hours to $6.02 billion. Long positions account for as much as 70.6%. Leveraged longs are tightly crowded together, betting on a rebound; however, the spot price has only risen 2.47%—leverage is increasing faster than price.
BNB: BSC-chain TVL rose from $5.54 billion to $5.56 billion, an increase of just 0.40%. In the past 24 hours, on-chain fees were $2.04 million. On-chain activity is rising much more moderately than price.
The Fear & Greed Index climbed to 74. Sentiment is hot, following a rhythm that’s faster than both on-chain activity and leverage. This time, money and sentiment are not perfectly aligned.
$BTC $ETH $BNB