Crypto market today

Live from Binance futures dataOct 23, 21:05 UTC

The crypto market is almost flat: +0.8% in 24 hours, 151 coins down and 353 up.

A quiet day: prices barely moved and liquidations are not above normal.

  • Positioning is near usual: 69% of traders hold longs, the usual level is 65%.
  • Open interest -1.9% in 24 hours, at today's prices.

Next scheduled US release: Fed rate decision (FOMC), Oct 28, 18:00 UTC.

The last 24 hours

Average move of the largest coins on Binance futures, weighted by open interest, and liquidations every 15 minutes. Time in UTC.

+0%+1%$17M00:0004:0008:0012:0016:0020:00+0%+1%$17M00:0006:0012:0018:00
Market, %Shorts liquidatedLongs liquidated

Crypto liquidations today

Positions Binance futures closed by force in the last 24 hours. Coins only, without gold, oil and stocks.

How traders are positioned

Positions now and 24 hours ago on Binance futures.

Traders in longs
69% 24h ago 69%

Share of accounts holding longs on the 50 largest coins, weighted by open interest. The usual level is 65%.

Funding, average
-0.0142% 24h ago -0.0202%

Average funding rate of the 100 largest coins. Above zero, longs pay shorts.

Open interest, 24h
-1.9%

Change in all open positions of the 100 largest coins at today's prices: -$385M.

Whales in longs, BTC
22% 24h ago 32%

Long share of the largest BTC accounts by position size. See whale positions.

Biggest movers and sectors

Coins with more than $3M of open interest on Binance futures, 24 hours.

AI-0.9%
RWA-0.2%
Layer 1/2+0.6%
Meme+0.8%
DeFi+0.9%
Gaming+2.3%

Bitcoin: where liquidations sit now

The nearest price levels with many leveraged positions that would be liquidated. This shows where the size is, not where the price will go.

Below the price, longs

$80,289 -1.4%$119M
$78,898 -3.1%$116M
$78,114 -4.1%$19M

Above the price, shorts

$82,731 +1.6%$56M
$83,980 +3.1%$27M
$84,823 +4.2%$93M
Open the BTC liquidation heatmap

Questions

Why is crypto down today?

The crypto market is almost flat: +0.8% in 24 hours, 151 coins down and 353 up. A quiet day: prices barely moved and liquidations are not above normal. Positioning is near usual: 69% of traders hold longs, the usual level is 65%. Open interest -1.9% in 24 hours, at today's prices.

Why is crypto up today?

The crypto market is almost flat: +0.8% in 24 hours, 151 coins down and 353 up. A quiet day: prices barely moved and liquidations are not above normal. Positioning is near usual: 69% of traders hold longs, the usual level is 65%. Open interest -1.9% in 24 hours, at today's prices.

Is crypto crashing?

No: the market is +0.8% in 24 hours and $105M of positions were liquidated, 1.1x a normal day of the last month.

Will crypto recover?

Nobody can know that in advance, and this page makes no forecast. It shows how the market looks now: open interest -1.9% in 24 hours, 69% of traders in longs (the usual level is 65%). The nearest large Bitcoin liquidation levels are listed above.

What are crypto liquidations?

When a trader with leverage runs out of margin, the exchange closes the position by force. A long liquidation is a forced sell, a short liquidation is a forced buy, so a wave of them makes the move bigger.

Where does the data come from?

From Binance USDT-M futures: prices, open interest, funding, liquidations, and positions of traders and whales. No news and no opinions, only what happened in the market. The numbers update every 5 minutes.

Data: Binance USDT-M futures, updated every 5 minutes. Market move: the 100 largest coins weighted by open interest. A normal day of liquidations: the median of the last 30 days. Not financial advice.