One year ago, crypto futures saw roughly $19B wiped out in a single day.
On the anniversary (Saturday, UTC), we counted $61M. About 64% of it was shorts.
Our read: leverage on the majors is calm, not gone.
BTC and ETH funding sit just below zero while BTC open interest edges higher, so positioning leans cautious rather than euphoric. The fragile spots look like alts: ADA, AVAX and DOGE are adding contracts as price slips.
Liquidations, Sat Oct 10 UTC: $61.1M ($39.3M shorts / $21.8M longs)
BTC~$83.2K perp OI $7.7B (+1.1% 24h)
Funding: BTC -0.0013% ETH -0.0111% per interval
Fear & Greed: 61 (Greed), down from 64
Is today's market sturdier than last October's, or just quieter?
Data: ByKaranteli Not financial advice.
On the anniversary (Saturday, UTC), we counted $61M. About 64% of it was shorts.
Our read: leverage on the majors is calm, not gone.
BTC and ETH funding sit just below zero while BTC open interest edges higher, so positioning leans cautious rather than euphoric. The fragile spots look like alts: ADA, AVAX and DOGE are adding contracts as price slips.
Liquidations, Sat Oct 10 UTC: $61.1M ($39.3M shorts / $21.8M longs)
BTC~$83.2K perp OI $7.7B (+1.1% 24h)
Funding: BTC -0.0013% ETH -0.0111% per interval
Fear & Greed: 61 (Greed), down from 64
Is today's market sturdier than last October's, or just quieter?
Data: ByKaranteli Not financial advice.