Daily Crypto Market Brief

Market pulse

Where the market stands right now: price, dominance, sentiment, and sideline capital.

BTC $77488 · +0.58% in 24h
BTC dominance 59.05% · total market cap $2.6T
Fear & Greed: 65 (Greed)
Retail Euphoria Index: 73 (EUPHORIA)
Stablecoin supply: $309.9B · +$218.3M 24h

Liquidity & stress

ByKaranteli's own liquidity-state model plus the gap between US-regulated and global pricing.

PsiCharge state: SUPERPOSITION · score 22/100
In this state over the last 12 months (3198 readings), BTC averaged -0.17% over the next 24h and closed higher 51% of the time
Coinbase Premium -0.04%: US bids below global price, day 4 of the streak

Flow & positioning

Order-flow toxicity and where leveraged open interest moved in the last 24 hours.

BTC order-flow toxicity (VPIN) 0.12, 35th percentile of 90 days
Biggest OI move: ADAUSDT open interest +7.8% with price +5.4% (longs building)
Across 10 tracked majors: 5 adding leverage, 0 squeezing out
Top-30 perp positioning: 17 symbols long crowded, 13 in short ramp

Whales, positioning and stock perps

What the largest Hyperliquid accounts hold, how Binance accounts are positioned, the stock and commodity perps, and the Korea and Turkey premium.

Hyperliquid whales (top 300 accounts by equity): $1.3B long vs $1.9B short, 41% long
BTC whale book: 45% long on $880.5M of open positions
BTC on Binance: long/short accounts 1.21, top-trader positions 1.98, taker buy/sell 1.10 (1h)
Stock and commodity perps: 187 contracts, $4.0B open interest; largest XAUUSDT ($492.0M), most liquidated XAUUSDT ($3.9M in 24h)
Kimchi premium (Upbit BTC) -0.026%, Turkey premium (BtcTurk BTC) +0.239%

Options desk

Implied volatility and what the tape actually paid for in the last 24 hours.

BTC implied volatility (DVOL): 37.2
24h taker premium: $18.9M into calls vs $4.0M into puts
Largest print: sell BTC-30OCT26-68000-C · $4.2M premium
Put/call OI ratio 0.55 · call wall at $80000, put wall at $60000

Liquidations

Forced liquidations recorded across our exchange feeds in the last 24 hours.

24h wipeouts: $103.8M longs vs $92.8M shorts across 84,423 events
Largest single liquidation: AKEUSDT $4.7M
1 cascade event detected in 24h, largest $46.7M

ETF flows

US spot ETF net flows, last finalized trading day.

BTC ETFs $236.5M on 2026-09-01 · day 1 of the outflow streak
ETH ETFs +$11.0M on 2026-09-01 · day 12 of the inflow streak

Calendar

What is scheduled, and what similar days have actually done to price.

FOMC statement · September 15-16, 2026 in 14 days
Fed days move BTC 2.7x a normal half hour (17 meetings measured)
CFTC week of 2026-08-25: hedge funds net -8,089 BTC futures contracts (-650 WoW)

Signal desk

Our automated engine's honest numbers: every trade published, net of fees, slippage, and funding.

2 signals closed in 24h (0 wins / 1 losses) · aggregate net -2.58%
Rolling 30d: 96 trades · 42.7% win rate · net profit factor 0.98

Dive deeper

This brief is a rollup · each number above comes from a live page you can click into. Liquidity state: PsiCharge. US premium: Coinbase Premium. Order flow: VPIN radar. Options: GEX + DVOL.

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