News
24 Feb 2026, 07:00
The $33 Billion Inundation: Ethereum Inflows Hit a 15-Month High As Price Teeters At $1,955

Ethereum is struggling to hold above the $2,000 level as the broader crypto market enters a more fragile phase marked by persistent selling pressure, fading momentum, and elevated uncertainty. Despite several rebound attempts in recent weeks, price action has remained subdued, with liquidity conditions tightening and investor sentiment turning increasingly cautious. The inability to secure sustained acceptance above this psychological threshold has reinforced the perception that the market is still navigating a corrective environment rather than transitioning into a clear recovery phase. A recent CryptoQuant report provides additional context by highlighting a sharp increase in exchange activity. According to the data, total Ethereum inflows to Binance over the past 30 days reached roughly $33.3 billion — the highest level recorded since last November. This surge comes as ETH trades near $1,955 after a gradual but persistent decline in recent weeks. Historically, rising inflows to major exchanges tend to indicate a growing supply of assets available for trading. When substantial volumes of Ethereum move onto platforms like Binance, they may be used for spot sales, derivatives collateral, or portfolio rebalancing. Consequently, this spike in inflows signals heightened market activity and potentially increased short-term volatility. Exchange Inflows Surge As Market Tests Supply Absorption While the recent surge in Ethereum inflows to Binance may initially appear bearish, the report emphasizes that this development should not automatically be interpreted as a negative signal. Elevated exchange inflows can sometimes reflect strategic repositioning rather than immediate selling intent. Investors may be preparing to actively trade, hedge exposure, or adjust portfolio allocations, particularly during periods of heightened volatility when liquidity access becomes more critical. In addition, strong inflow phases have occasionally preceded periods of price stabilization. When additional supply entering exchanges is met by sufficient demand, markets can transition into consolidation rather than extended declines. This dynamic often depends on broader liquidity conditions, derivatives positioning, and macro sentiment rather than inflows alone. That said, registering the highest inflow level since last November places Ethereum in a structurally sensitive phase. The market’s reaction to these flows will likely provide clearer directional signals in the coming weeks. If the added supply translates into persistent sell-side pressure, downside risks could remain elevated. Conversely, if demand absorbs this liquidity effectively, the current phase may represent redistribution ahead of a more constructive move rather than sustained weakness. Ethereum Price Holds Fragile Ground Below Key Resistance Ethereum’s weekly chart reflects a structurally fragile environment as price continues trading below the $2,000 psychological threshold. After failing to sustain momentum above the mid-2025 highs near the $4,800 region, ETH has established a sequence of lower highs and lower lows — a classic downtrend formation indicating persistent distribution rather than consolidation. Technically, Ethereum is now positioned beneath its key moving averages, which previously acted as dynamic support during the rally phase. These averages have rolled over and now function as resistance zones, limiting recovery attempts unless decisively reclaimed. The recent rejection near the $3,000 area reinforced this bearish transition, accelerating downside momentum toward the current ~$1,900 region. Volume trends show declining participation compared with the expansion phase, suggesting reduced speculative enthusiasm. However, declining volume during corrections can sometimes precede stabilization if selling pressure becomes exhausted. From a structural perspective, immediate support appears near the $1,800–$1,900 range, where prior consolidation occurred. A sustained break below this zone could expose deeper retracement levels toward historical accumulation areas. Conversely, reclaiming the $2,200–$2,400 region with strong volume would be required to shift short-term momentum back toward a neutral or constructive bias. Featured image from ChatGPT, chart from TradingView.com
24 Feb 2026, 07:00
Bitcoin Capitulation Persists As Short-Term Holders Realize $0.48B Daily Losses

On-chain data shows the Bitcoin short-term holders continue to capitulate as they are realizing net losses of $0.48 billion every day. Bitcoin Short-Term Holder Net Realized Profit/Loss Is Notably Red According to data from on-chain analytics firm Glassnode, the Net Realized Profit/Loss has been negative for the Bitcoin short-term holders recently. This indicator measures, as its name suggests, the net amount of profit or loss that BTC investors are harvesting through their selling. Related Reading: Another $438M In Crypto Longs Gone As Bitcoin, Altcoins Pull Back The version of the metric that’s of relevance here specifically tracks this for the short-term holders (STHs), a BTC investor cohort that includes only buyers from the last 155 days. Statistically, the longer an investor holds onto their coins, the less likely they become to sell them in the future. Since the STHs represent the new entrants into the market, their resilience tends to be low, and they may take part in panic selling during market volatility. Recently, Bitcoin has faced a major drawdown and the STHs have naturally reacted to it. Below is the chart shared by Glassnode that shows how the 7-day exponential moving average (EMA) of the Net Realized Profit/Loss has fluctuated for this group during the recent volatility. As is visible in the graph, the Bitcoin STH Net Realized Profit/Loss saw a deep plunge into the negative territory during the price downturn that followed the October high, implying realized losses notably outweighed the profits. In January, the metric recovered toward the neutral mark as the market saw an uplift, but the price drawdown since the end of the month has again taken the indicator to a highly red level. On February 6th, the STH Net Realized Profit/Loss fell to a value of -$1.24 billion per day, notably lower than the red peak observed last year. Since this low, the metric has risen a bit and today, it’s sitting at -$0.48 billion per day. “While the intensity has cooled, the broader regime still signals a market under pressure, with participants in the base formation phase continuing to capitulate,” explained the analytics firm. In some other news, the Bitcoin Coinbase Premium Gap has been negative recently, as highlighted by CryptoQuant author IT Tech in an X post. The Coinbase Premium Gap tracks the difference between the Bitcoin spot price listed on Coinbase (USD pair) and that on Binance (USDT pair). From the chart, it’s apparent that the metric has maintained at red values since mid-December, indicating that Coinbase users have been applying a higher amount of selling pressure than Binance traders. Related Reading: Bitcoin Extreme Fear Streak Extends To 22 Days As Price Struggles Coinbase is mainly used by US-based investors, especially the large institutional entities, so this trend can be a sign that there isn’t much demand for BTC among them right now. BTC Price Bitcoin has been slipping deeper as its price is now trading around $64,000. Featured image from Dall-E, chart from TradingView.com
24 Feb 2026, 06:15
BTC Perpetual Futures: Revealing Long/Short Ratios Across Top Exposes Market Sentiment

BitcoinWorld BTC Perpetual Futures: Revealing Long/Short Ratios Across Top Exposes Market Sentiment Global cryptocurrency markets witnessed subtle shifts in trader positioning this week as Bitcoin perpetual futures long/short ratios across the world’s three largest derivatives exchanges revealed a nearly balanced but slightly bearish sentiment among institutional and retail traders. According to 24-hour data from leading analytics platforms, the aggregate positioning across Binance, OKX, and Bybit shows 49.41% of traders holding long positions against 50.59% maintaining short exposure, indicating cautious market psychology amid ongoing volatility. These BTC perpetual futures ratios provide crucial insight into market sentiment and potential price direction, serving as essential indicators for both short-term traders and long-term investors monitoring derivative market dynamics. Understanding BTC Perpetual Futures Long/Short Ratios Bitcoin perpetual futures represent sophisticated financial instruments that allow traders to speculate on Bitcoin’s price movement without an expiration date. Unlike traditional futures contracts, perpetual futures utilize funding rate mechanisms to maintain price alignment with spot markets. The long/short ratio specifically measures the percentage of traders holding bullish (long) versus bearish (short) positions across these derivative products. Market analysts consistently monitor these ratios because they often precede significant price movements. Furthermore, institutional traders frequently use these metrics to gauge retail sentiment and identify potential market turning points. The current data reveals remarkably consistent patterns across major exchanges, suggesting coordinated market behavior rather than isolated platform-specific activity. Exchange-Specific Analysis and Market Implications Detailed examination of individual exchange data reveals subtle but meaningful variations in trader positioning. Binance, the world’s largest cryptocurrency exchange by trading volume, shows 48.88% long positions against 51.12% short positions. This slight bearish tilt reflects cautious sentiment among the platform’s diverse user base, which includes both retail traders and institutional participants. Meanwhile, OKX demonstrates nearly identical positioning with 49.34% long versus 50.66% short, indicating consistent market psychology across Asian and global trading hours. Bybit presents the most pronounced bearish sentiment among the three platforms, with only 48.27% of traders maintaining long positions against 51.73% holding short exposure. These variations, while seemingly minor, can signal different trading strategies and risk appetites across geographic regions and trader demographics. Historical Context and Market Cycle Analysis Current BTC perpetual futures ratios must be analyzed within broader historical context to derive meaningful insights. During the 2021 bull market peak, long/short ratios frequently exceeded 60% long positions across major exchanges, reflecting extreme optimism and potential market overheating. Conversely, during the 2022 bear market trough, ratios sometimes dropped below 40% long positions, indicating capitulation and potential buying opportunities. The current nearly balanced positioning suggests neither extreme fear nor greed dominates market psychology. Historical data from previous market cycles indicates that sustained periods of balanced long/short ratios often precede significant directional moves. Market technicians note that when ratios remain within the 48-52% range for extended periods, volatility compression typically resolves with substantial price movement in either direction. Derivatives Market Structure and Risk Management The derivatives market for Bitcoin has evolved significantly since the introduction of perpetual futures contracts in 2016. Today, these instruments represent over 70% of total Bitcoin trading volume across global cryptocurrency exchanges. The funding rate mechanism, which periodically transfers funds between long and short positions based on market conditions, ensures perpetual futures prices remain anchored to spot prices. When long/short ratios become excessively imbalanced, funding rates adjust to incentivize position rebalancing. Current funding rates across major exchanges remain relatively neutral, suggesting neither longs nor shorts face excessive funding costs. This equilibrium reduces the likelihood of forced liquidations that can trigger cascading price movements. Risk management professionals emphasize that balanced long/short ratios contribute to market stability by preventing excessive leverage accumulation in one direction. Institutional Participation and Market Maturity Increased institutional participation in cryptocurrency derivatives markets has fundamentally altered long/short ratio dynamics over recent years. Traditional financial institutions, hedge funds, and proprietary trading firms now account for approximately 40% of Bitcoin perpetual futures volume across top exchanges. These sophisticated market participants typically employ more balanced positioning strategies compared to retail traders. Their presence has reduced extreme ratio swings that previously characterized less mature markets. Institutional traders frequently use long/short ratios as contrarian indicators, increasing long exposure when retail sentiment becomes excessively bearish and reducing exposure during periods of extreme optimism. The current balanced ratios suggest institutional and retail traders share similar cautious outlooks, potentially indicating consensus about near-term market uncertainty. Technical Analysis and Price Correlation Patterns Technical analysts have identified consistent correlations between BTC perpetual futures long/short ratios and subsequent price movements. When ratios approach extreme levels (typically below 45% or above 55%), price reversals often follow within 7-14 trading days. The current ratios hovering near 50% present more ambiguous signals, suggesting continued range-bound trading may persist. However, experienced analysts note that sustained periods of balanced ratios frequently resolve with significant breakouts. Monitoring open interest alongside long/short ratios provides additional context, as increasing open interest during balanced ratios suggests accumulating positions that may fuel future volatility. Current open interest across the three major exchanges remains near yearly highs, indicating substantial capital deployment despite uncertain market direction. Regional Variations and Trading Behavior Patterns Geographic analysis reveals distinct trading patterns across different regions that influence BTC perpetual futures long/short ratios. Asian trading sessions, which dominate OKX and Bybit activity, often show more pronounced short positioning during periods of regulatory uncertainty or macroeconomic concerns. Western traders on platforms like Binance International typically demonstrate different risk management approaches. These regional variations create arbitrage opportunities and contribute to 24-hour market liquidity. The current data shows remarkable consistency across regions, suggesting global consensus about market conditions rather than region-specific concerns driving positioning. This uniformity may indicate that macroeconomic factors like interest rate expectations or inflation concerns influence trader psychology more than cryptocurrency-specific developments. Regulatory Environment and Market Impact Evolving regulatory frameworks significantly impact BTC perpetual futures trading and long/short ratio dynamics. Jurisdictional differences in leverage limits, margin requirements, and trading restrictions create varying market conditions across exchanges. For instance, some regions impose stricter leverage caps that naturally reduce position sizes and potential ratio extremes. The current balanced ratios across major exchanges suggest regulatory developments have not created disproportionate impacts on any single platform. Market participants generally view balanced regulatory approaches as positive for long-term market health, as they reduce systemic risk while maintaining sufficient liquidity for price discovery. Ongoing regulatory clarity in major markets continues to shape derivatives trading behavior and risk management practices. Conclusion The BTC perpetual futures long/short ratios across Binance, OKX, and Bybit reveal a cryptocurrency derivatives market in cautious equilibrium. With aggregate positioning showing nearly equal long and short exposure, traders appear uncertain about near-term direction while maintaining substantial capital deployment. These balanced ratios historically precede significant price movements, suggesting current market compression may resolve with increased volatility. Market participants should monitor these BTC perpetual futures ratios alongside funding rates, open interest, and spot market volume for comprehensive sentiment analysis. As derivatives markets continue maturing with increased institutional participation, long/short ratios will remain essential indicators for understanding market psychology and potential price direction across cryptocurrency trading environments. FAQs Q1: What do BTC perpetual futures long/short ratios indicate about market sentiment? These ratios measure the percentage of traders holding bullish versus bearish positions, providing insight into collective market psychology and potential price direction. Q2: Why do long/short ratios vary across different cryptocurrency exchanges? Variations occur due to differences in user demographics, regional trading patterns, leverage limits, and platform-specific features that influence trader behavior. Q3: How reliable are long/short ratios as trading indicators? While useful sentiment gauges, these ratios work best alongside other indicators like funding rates, open interest, and technical analysis for comprehensive market assessment. Q4: What constitutes an extreme long/short ratio for BTC perpetual futures? Ratios below 45% long or above 55% long typically indicate extreme sentiment that often precedes market reversals, though thresholds vary across market conditions. Q5: How has institutional participation affected long/short ratio dynamics? Institutional traders have reduced extreme ratio swings through more balanced positioning strategies, contributing to increased market stability and maturity. This post BTC Perpetual Futures: Revealing Long/Short Ratios Across Top Exposes Market Sentiment first appeared on BitcoinWorld .
24 Feb 2026, 05:55
Coinbase revenue from stablecoins could likely jump sevenfold - report

More on Coinbase, Circle Internet Group Circle Q4 Earnings Preview: Sell This Stock Before February 25 Coinbase: Betting On A Correction Is A Coin Toss Coinbase: Take Advantage Of Extreme Fear To 'Buy' Big banks, Coinbase among gainers; Blue Owl in losers: week's financials wrap CleanSpark tops crypto firms with $2B+ market cap in short interest as of mid-February
24 Feb 2026, 05:52
Binance Stablecoin Reserves Declined 18.6%: BTC Effect

Binance stablecoin reserves fell 18.6% to $41.4 billion. CryptoQuant data shows liquidity withdrawal. Stablecoin market value plateaued at 300B$. The Fed may keep interest rates steady, affecting B...
24 Feb 2026, 05:25
Upbit Seeker Listing Sparks Major Expansion: SKR Token Gains KRW, BTC, and USDT Trading Pairs

BitcoinWorld Upbit Seeker Listing Sparks Major Expansion: SKR Token Gains KRW, BTC, and USDT Trading Pairs In a strategic move that underscores South Korea’s evolving digital asset landscape, leading cryptocurrency exchange Upbit has announced the imminent listing of Seeker (SKR). Consequently, the token will become available for trading against the South Korean won (KRW), Bitcoin (BTC), and Tether (USDT) starting at 7:00 a.m. UTC on February 24, 2025. This pivotal listing represents a significant milestone for both the exchange and the broader blockchain ecosystem in one of Asia’s most dynamic markets. Upbit’s Strategic Seeker Listing Announcement Upbit, operated by Dunamu Inc., formally disclosed the Seeker (SKR) listing through an official notice on its website. The announcement specifies three distinct trading pairs: SKR/KRW , SKR/BTC , and SKR/USDT . Trading for all pairs will commence simultaneously. Typically, Upbit follows a meticulous process for new listings, which includes wallet preparation, deposit availability announcements, and finally, market opening. This structured approach aims to ensure operational stability and market fairness. Furthermore, the inclusion of a direct KRW trading pair is particularly noteworthy. South Korean exchanges maintain strict regulatory compliance, and a KRW listing often signals that a project has passed rigorous due diligence. It provides local investors with direct fiat on-ramp access, which typically enhances liquidity and trading volume. The dual cryptocurrency pairings with BTC and USDT, meanwhile, cater to global traders and provide hedging options within the crypto ecosystem. Understanding the Seeker (SKR) Project To comprehend the significance of this listing, one must examine the Seeker project’s fundamentals. Seeker operates as a decentralized oracle and data verification network built on a proprietary blockchain. Its primary function is to supply reliable, real-world data to smart contracts across various industries, including decentralized finance (DeFi), insurance, and supply chain management. The SKR token serves as the network’s native utility asset, used for paying for data services, staking by node operators, and participating in governance. Industry analysts often compare oracle projects like Seeker to critical infrastructure. They bridge the gap between off-chain information and on-chain contract execution. The project’s technological architecture reportedly emphasizes high throughput and low-latency data delivery with robust cryptographic proofs. Prior to the Upbit listing, SKR traded on several decentralized exchanges and smaller regional platforms. However, gaining a foothold on a top-tier, compliant exchange like Upbit represents a substantial leap in credibility and accessibility. Market Impact and Expert Analysis The listing’s timing and structure suggest calculated strategic planning. February often sees increased market activity following the Lunar New Year period in Asia. By offering multiple trading pairs, Upbit mitigates initial volatility and distributes order flow. Market observers note that successful listings on major Korean exchanges can lead to a ‘Kimchi Premium’—a phenomenon where asset prices on Korean platforms trade at a premium compared to global averages due to high local demand and capital flow restrictions. “A KRW listing on Upbit is more than just a new market pair; it’s a stamp of legitimacy within a tightly regulated jurisdiction,” commented a blockchain analyst from a Seoul-based fintech research firm. “For a data oracle project like Seeker, this access to a vast pool of sophisticated retail and institutional investors in South Korea could accelerate adoption and network usage. The key metric to watch post-listing will be the stability of the KRW pair’s liquidity.” Historical data shows that tokens newly listed on Upbit frequently experience significant volume surges in their first 72 hours of trading. The South Korean Cryptocurrency Regulatory Context Upbit’s decision occurs within a specific regulatory framework. South Korea’s Financial Services Commission (FSC) and the Financial Intelligence Unit (FIU) enforce strict anti-money laundering (AML) and know-your-customer (KYC) policies. Exchanges must also partner with licensed banks to offer KRW deposits and withdrawals, a requirement that limits the number of tokens with direct won pairs. Therefore, the Seeker listing implies that the project’s issuer has likely undergone enhanced vetting regarding its tokenomics, team background, and compliance with Korean law. Moreover, the government’s ‘Digital Asset Basic Act,’ expected to be fully implemented in 2025, provides clearer guidelines for investor protection and market operation. Exchanges like Upbit are positioning themselves to align with these forthcoming regulations by listing projects with demonstrable utility and transparent operations. This regulatory foresight adds a layer of long-term stability to the listing, distinguishing it from speculative additions seen in less regulated environments. Comparative Analysis with Previous Major Listings To gauge potential outcomes, it is instructive to review patterns from previous high-profile Upbit listings. The table below summarizes key data from two comparable events in late 2024. Token (Project) Listing Date Initial Trading Pairs 24-Hour Volume (KRW) Price Change (First Week) Project A (DeFi) Nov 15, 2024 KRW, USDT ~₩85 Billion +42% Project B (Web3 Infrastructure) Dec 03, 2024 KRW, BTC ~₩120 Billion +28% Seeker (SKR) Feb 24, 2025 KRW, BTC, USDT TBD TBD As evidenced, infrastructure-oriented projects with KRW pairs have consistently attracted substantial initial volume. The triple-pair approach for SKR is a hybrid strategy, potentially aiming to capture the strengths of both prior models. It offers the local accessibility of a KRW pair alongside the flexibility and global appeal of major crypto pairs. Potential Implications for the Broader Ecosystem This listing carries implications beyond immediate price action. Firstly, it reinforces South Korea’s position as a crucial hub for blockchain innovation and adoption. Secondly, for the oracle sector, it increases competition, potentially driving advancements in data security and cost efficiency. Thirdly, for Upbit, it diversifies its trading catalog with a key Web3 infrastructure asset, appealing to a more technically-oriented investor base. Investors should monitor several post-listing factors: Liquidity Depth: The spread and order book depth across all three pairs. Network Growth: An increase in active addresses and data requests on the Seeker network. Regulatory Feedback: Any public statements from Korean financial authorities regarding oracle or data asset classifications. Successful integration could pave the way for more specialized infrastructure tokens to seek listings on premier Korean exchanges, thereby broadening the market’s sophistication. Conclusion The Upbit Seeker listing on February 24, 2025, marks a definitive step in the maturation of both the exchange and the SKR token. By securing trading pairs with the Korean won, Bitcoin, and Tether, Seeker gains unprecedented access to liquidity and legitimacy. This event reflects broader trends of regulatory compliance, institutional interest in foundational blockchain technology, and South Korea’s sustained influence in the global digital asset arena. Market participants will now observe how this strategic listing influences Seeker’s adoption trajectory and contributes to the evolving narrative of real-world data utility in the crypto economy. FAQs Q1: What is Seeker (SKR) and what does it do? Seeker (SKR) is the native token of a decentralized oracle network. The network provides reliable, real-world data to blockchain-based smart contracts for use in DeFi, insurance, logistics, and other applications, acting as a secure bridge between off-chain information and on-chain programs. Q2: When exactly does SKR trading start on Upbit? Trading for all three pairs—SKR/KRW, SKR/BTC, and SKR/USDT—is scheduled to begin at 7:00 a.m. Coordinated Universal Time (UTC) on Monday, February 24, 2025. Users should confirm the corresponding local time in their region. Q3: Why is a KRW trading pair significant for a cryptocurrency listing? A direct Korean won (KRW) trading pair on a major exchange like Upbit is significant because it requires stringent regulatory compliance and banking partnerships. It simplifies the trading process for South Korean investors, often leads to higher liquidity, and is generally viewed as a marker of a project’s legitimacy within the strict Korean regulatory environment. Q4: What should investors do to prepare for the SKR listing? Investors should ensure their Upbit accounts are verified and fully operational, with any desired KRW, BTC, or USDT balances deposited in their exchange wallets ahead of time. They should also review Upbit’s official announcement for any specific deposit instructions or trading rules related to the new asset. Q5: How might this listing affect the broader oracle and data sector in crypto? The high-profile listing of an oracle project on a top-tier exchange like Upbit increases mainstream visibility and investment accessibility for the entire data oracle sector. It validates the economic importance of reliable data feeds for Web3 and may encourage further development and competition among similar infrastructure projects. This post Upbit Seeker Listing Sparks Major Expansion: SKR Token Gains KRW, BTC, and USDT Trading Pairs first appeared on BitcoinWorld .







































