hodler

10 Jun 2026, 07:23

XRP whale inflows to Binance fall after 2025 peak

🚨 Whale inflows in $XRP to Binance dropped after the 2025 peak. 📉 XRP fell to $1.11 with over 5% lost in 24 hours. 👀 Market attention shifts to on-chain flow trends and big wallets. Continue Reading: XRP whale inflows to Binance fall after 2025 peak The post XRP whale inflows to Binance fall after 2025 peak appeared first on COINTURK NEWS .

10 Jun 2026, 06:39

Ethereum open interest drops 25% as $1,500 support comes into focus

Ethereum's futures open interest has fallen 25% since May, while nearly 480,000 ETH has left major exchanges, placing fresh attention on the cryptocurrency's ability to hold above the closely watched $1,500 support level. According to CryptoQuant analyst Amr Taha , total ETH futures open interest across exchanges has dropped to $12.6 billion from $16.6 billion recorded in May. The decline has pushed activity on several major platforms back to levels last seen in April 2025, showing that a large portion of leveraged positions has already been cleared from the market. Gate.io recorded the steepest contraction. ETH open interest on the exchange fell to $2.68 billion on June 9 from $4.84 billion on May 7, a decline of about 45%. The figure now sits almost exactly where it stood on April 11, 2025. Bybit has experienced a similar reset, with open interest near $805 million compared with roughly $795 million in early April 2025. A different picture has emerged on Binance. Open interest remains around $2.76 billion, while funding rates have turned negative to approximately -0.0047. Such readings indicate that short sellers are paying to maintain their positions, suggesting traders remain cautious despite the recent reduction in leverage elsewhere. ETH hovers above key support as traders await CPI data Beyond derivatives markets, exchange reserves have also moved lower. Data tracking Binance, OKX, Gemini, and Bitfinex shows roughly 480,000 ETH left those platforms over the past few days. ETH exchange reserves. Source: CryptoQuant. Binance's reserves declined to 3.65 million ETH on June 9 from 3.87 million ETH on June 4. Bitfinex holdings fell to 2.50 million ETH from 2.67 million ETH at the end of May. OKX posted the largest percentage drop, with reserves decreasing from 424,000 ETH to about 336,000 ETH, while Gemini's balance slipped to roughly 522,000 ETH. Lower exchange balances can reduce the readily available supply if demand begins to return. Yet price action remains under pressure as macroeconomic uncertainty weighs on risk assets. Over the past seven days, ETH has lost about 12% and was trading near $1,628 at the time of writing. Recent market action shows buyers briefly pushing the asset back toward $1,700 after a sharp selloff on June 6, only for that recovery attempt to lose momentum below resistance. The daily chart shows ETH trading beneath its 20-day, 50-day, 100-day, and 200-day exponential moving averages, a structure that points to continued weakness. ETH/USD 1-Day price chart. Source: TradingView. The 20-day EMA near $1,848 now represents the first major recovery hurdle, while the 50-day EMA around $2,025 sits higher as another resistance zone. Momentum indicators have entered deeply oversold territory. The daily relative strength index has fallen to around 25, a level that often accompanies periods of heavy selling pressure. Even so, no confirmed bullish divergence has appeared on the chart, leaving traders focused on whether support can hold. Adding to the uncertainty, markets are awaiting the latest US Consumer Price Index report. Following stronger-than-expected US jobs data last week, expectations for another Federal Reserve rate hike by December have risen to roughly 70%. A hotter-than-expected inflation reading could push those odds above 80%, increasing pressure on risk assets such as Ethereum as investors rotate toward yield-bearing instruments, including short-dated US Treasuries. A softer inflation print could provide relief for crypto markets and help ETH attempt another move toward the $1,700 to $1,850 range. On-chain data cited by market commentator Gonza Goth shows only 11% of Ethereum's supply is currently sitting on gains of 3x or more, the lowest level since February 2017. https://twitter.com/GonzaGoth/status/2064081658219823408 According to Goth, periods of extreme pessimism have historically coincided with attractive opportunities for long-term investors. Attention now remains fixed on the $1,500 area. Fellow analyst and investor Ash Crypto noted that Ethereum failed to hold successive support levels during the 2022 bear market before eventually bottoming near $880. https://twitter.com/AshCrypto/status/2063971954466471992 According to the analyst, a weekly close above $1,500 would preserve a historically important support zone, while a sustained break below that level could bring the next major support region near $1,000 into focus. The post Ethereum open interest drops 25% as $1,500 support comes into focus appeared first on Invezz

10 Jun 2026, 06:15

Bitcoin Perpetual Futures: Long/Short Ratios Signal Cautious Market Sentiment

BitcoinWorld Bitcoin Perpetual Futures: Long/Short Ratios Signal Cautious Market Sentiment Data from the world’s three largest cryptocurrency futures exchanges by open interest reveals a marginally bearish tilt in Bitcoin perpetual futures positioning over the past 24 hours. According to aggregated figures, the overall long/short ratio stands at 49.88% long and 50.12% short, indicating a market that is nearly evenly split but with a slight preference for bearish bets. Exchange-Level Breakdown A closer look at individual platforms shows variation in trader sentiment. Binance, the largest exchange by volume, reports 48% of BTC perpetual positions are long and 52% are short. OKX shows a similar distribution at 48.62% long versus 51.38% short. Bybit, another major player, exhibits the most pronounced bearish lean, with only 46.93% of positions long and 53.07% short. These figures represent the proportion of open positions in perpetual futures contracts—a popular derivative product that allows traders to speculate on Bitcoin’s price without an expiry date. The data is typically used as a sentiment indicator, though analysts caution that it reflects the positions of retail and smaller traders, as large institutional players often use different instruments or trade over-the-counter. Context and Implications The current readings come amid a period of relative price consolidation for Bitcoin, which has been trading within a defined range following recent macroeconomic events. A long/short ratio hovering near 50/50 often suggests indecision in the market, with neither bulls nor bears gaining a decisive edge. What This Means for Traders While the data points to a slightly bearish sentiment, extreme readings—where one side is heavily dominant—have historically been more predictive of sharp reversals. The current near-even split may indicate that the market is awaiting a catalyst before making a significant directional move. Traders often monitor these ratios alongside funding rates and open interest changes to gauge the strength of prevailing trends. Conclusion Bitcoin perpetual futures long/short ratios across Binance, OKX, and Bybit currently reflect a cautious and nearly balanced market. The slight lean toward short positions is notable but not extreme, suggesting traders are positioning defensively rather than aggressively betting on a downturn. As always, these sentiment metrics should be considered alongside broader market conditions and risk management strategies. FAQs Q1: What is a BTC perpetual futures long/short ratio? A: It measures the proportion of open long positions (betting on price increases) versus short positions (betting on price decreases) in Bitcoin perpetual futures contracts. It is often used as a sentiment indicator. Q2: Why do long/short ratios vary between exchanges? A: Different exchanges attract different trader bases, with varying levels of retail, institutional, and regional participation. This can lead to differences in positioning. Q3: Is a 50/50 long/short ratio bullish or bearish? A: A near-even ratio generally indicates market indecision. Extreme ratios (e.g., 80% long or 80% short) are often considered contrarian signals, suggesting a potential reversal is more likely. This post Bitcoin Perpetual Futures: Long/Short Ratios Signal Cautious Market Sentiment first appeared on BitcoinWorld .

10 Jun 2026, 06:00

Hyperliquid Futures go live on Coinbase as HYPE ETF inflows top $91M

Hyperliquid is entering a new phase as institutional participation, ETF activity, and on-chain flows reshape market dynamics.

10 Jun 2026, 05:00

XRP Leverage Flush Hits Bybit While Binance Holds The Line – Analyst Explains Rare Setup

XRP is struggling around $1.15 as fear and uncertainty define the current market environment, and holders search for evidence that the current level represents support rather than a temporary pause before further decline. The price is under pressure — and a CryptoQuant analyst has identified a derivatives reset that occurred during the latest sell-off that reveals a sharp divergence between two of the largest XRP trading venues in the world. Related Reading: Ethereum OG Nails The Crash: Sells $188M, Buys Back Lower The sell-off triggered a forced deleveraging event on Bybit that the data makes impossible to dismiss. XRP open interest on Bybit fell to approximately $181 million — its lowest level since February 13, when it stood near $180 million. The current reading represents a 36% decline from Bybit’s recent peak of $283 million on May 22. A third of the leveraged XRP positioning on one of the most active derivatives venues in the market was flushed out in a compressed timeframe — the behavioral signature of forced exits rather than voluntary position management. Binance tells a completely different story. XRP open interest on Binance remained near $246 million following the same price decline — only approximately 2.4% below its recent high of $252 million recorded on June 2. While Bybit was experiencing a 36% open interest contraction, Binance was holding its positioning almost entirely intact. Two major venues. The same asset. The same price decline. Completely opposite derivative responses. The divergence between them is the structural signal that the CryptoQuant analysis examines — and what it reveals about the health of the current XRP market structure at $1.15 is the most important analytical question the data is currently raising. The Next Move Comes From One Exchange The liquidation data confirms what the open interest divergence implied. XRP’s decline was not driven purely by spot selling — forced exits from leveraged long positions amplified and accelerated the move. Multiple liquidation events exceeded $3.5 million with long liquidations dominating throughout. The futures volume data adds the scale context. On June 5, Binance recorded approximately $1.85 billion in XRP futures volume. Bybit contributed $727 million, OKX $429 million, and Bitget $423 million — a combined $3.43 billion across four venues in a single session. The derivatives market was not disengaged during the decline. It was processing an enormous volume of forced and voluntary position changes simultaneously. XRP Futures Trading Volume By Exchange | Source: CryptoQuant The recovery from the $1.055 low back above $1.14 — a rebound exceeding 8% — provides evidence that the sell-off contained a leverage flush component rather than representing a complete breakdown in underlying demand. When forced liquidations drive a significant portion of the decline, the price tends to recover once exits are complete and genuine buyers emerge. The structure that remains is specific. Bybit has deleveraged sharply with open interest reset to February levels — fragile positioning cleared. Binance remains near its recent highs with positioning almost entirely intact. The next major XRP derivatives development will originate from Binance — the venue carrying the most residual exposure and the exchange that has not yet experienced the reset Bybit completed during the sell-off. Related Reading: XRP Just Printed A Rare Binance Signal As Market Volatility Accelerates XRP Clings To $1.15 After Losing Key Support XRP is trading around $1.15 after a prolonged decline that has erased much of the advance generated during the second half of 2025. The chart shows a market that remains under pressure, but one that is also approaching a critical inflection point after testing its lowest levels of the year. XRP consolidates below $1.15 level | Source: XRPUSDT chart on TradingView The dominant feature on the 3-day timeframe is the persistent sequence of lower highs and lower lows that began after XRP peaked near $3.50. Every major recovery attempt since then has been rejected beneath the previous swing high, confirming that sellers remain in control of the broader trend. More recently, XRP lost the important $1.25-$1.30 support area, triggering another leg lower toward the psychological $1.10 region. Related Reading: Why Did Bitcoin Crash? On-Chain Data Points To One Missing Ingredient From a structural perspective, the current price zone is significant because it sits near the lows established during the first quarter correction. Buyers have repeatedly defended this area, preventing a complete breakdown despite multiple tests. However, the rebound attempts have been weak, indicating that demand remains limited. The moving averages continue to reflect bearish conditions. XRP is trading below the 50-period, 100-period, and 200-period moving averages, while the 50-period average is acting as dynamic resistance near $1.40. Until price reclaims that level, any bounce remains technically corrective rather than trend-changing. The key support remains between $1.05 and $1.10. A decisive loss of that zone could expose XRP to a deeper retracement toward the $0.90-$1.00 region. Conversely, reclaiming $1.30 and then $1.40 would be the first signal that buyers are beginning to regain control after months of sustained weakness. Featured image from ChatGPT, chart from TradingView.com

10 Jun 2026, 04:00

Ethereum Leverage Resets To 2025 Levels – Binance Sends A Warning

Ethereum is trading below $1,700 as the market faces a key test that will determine whether the current level holds as support or gives way to further deterioration. The price has already dropped approximately 28% from recent levels — and a CryptoQuant analyst has identified a development in the derivatives data that places the current weakness in a structural context that extends well beyond short-term price action. The most significant signal is not the price decline itself but the way Open Interest has reset across major exchanges during the decline. The derivatives positioning that accumulated throughout 2025 and into 2026 is unwinding — and the scale of that unwind has now returned multiple venues to levels last seen in April 2025, effectively erasing more than a year of leveraged exposure in a compressed timeframe. On Gate.io, ETH Open Interest has fallen from $4.84 billion on May 7 to $2.68 billion on June 9 — a reduction of approximately $2.16 billion, or roughly 45%, in just over one month. The current reading almost exactly matches the $2.67 billion recorded on April 11, 2025. Bybit shows an identical pattern, with Open Interest near $805 million — virtually matching the $795 million level from April 9, 2025. Two major exchanges have returned to April 2025 market structure simultaneously. The leverage built across the entire subsequent period has been cleared. Binance funding rates turning negative confirm that the remaining futures activity is not expressing bullish conviction — it is expressing uncertainty at best and mild bearish bias at worst. The Funding Tells the Real Story The CryptoQuant analysis identifies the asymmetry between venues as the detail that prevents the Open Interest reset from being read as a clean structural clearing. Gate.io and Bybit have both returned to April 2025 levels — the leverage accumulated across more than a year of market activity was erased in weeks. Binance has not followed the same path. ETH Open Interest on Binance remains around $2.76 billion, staying close to its higher range, while the other major venues have contracted sharply around it. The retained Binance positioning does not automatically signal bullish intent to remain in the market. The funding rate tells a more accurate story. At approximately -0.0038, Binance funding has turned negative again — traders are not paying a premium to hold long exposure. The Open Interest is present, but the conviction behind it has shifted from directional to defensive. That combination creates the specific market message the report identifies. The derivatives reset is real but uneven — some exchanges have cleared their leverage fully while Binance retains positioning under a funding backdrop that reflects caution rather than confidence. Negative funding during a price decline describes one of three conditions: defensive positioning from participants hedging existing exposure, short pressure from traders betting against recovery, or simply the absence of aggressive long conviction from participants who might otherwise be paying to hold bullish exposure. None of those three conditions describes a market preparing to rally. Together, they describe a derivatives structure that has partially reset while the most important venue holds residual positioning without the directional commitment that would make that positioning constructive. Ethereum Breaks February Lows — Can Bulls Defend The Last Major Weekly Support? Ethereum is trading near $1,670 after suffering one of its most severe weekly breakdowns of the cycle, with price now falling below the February lows and reaching levels not seen since early 2023. The move is significant because it invalidates the broad trading range that contained ETH for most of 2026 and confirms a continuation of the bearish structure that has been developing since the rejection from the $4,800 cycle peak. From a market structure perspective, the chart is defined by a clear sequence of lower highs and lower lows. After failing to hold above the $2,250-$2,350 resistance zone, Ethereum lost the critical $1,800 support area that previously acted as the floor of the February-March consolidation. That breakdown triggered a rapid move toward the $1,500 region, where buyers finally stepped in to prevent a deeper collapse. The most important detail is that ETH is now trading below all major weekly moving averages. The 50-week, 100-week, and 200-week moving averages are clustered far above the current price, reinforcing the strength of the prevailing downtrend and creating significant resistance overhead. The recent low near $1,500 now represents the most important support level on the chart. If buyers can defend that area, Ethereum could attempt to build a base and recover toward $1,800. However, a weekly close below the recent lows would expose the market to a deeper retracement toward the $1,300-$1,400 region, extending the correction and confirming further deterioration in long-term market structure. Featured image from ChatGPT, chart from TradingView.com