The cryptocurrency market underwent general losses on Monday, while the US stock market index was stable before a crucial meeting between European leaders and US President Donald Trump to shape the future of Ukraine.
The volatility of the market between several asset classes has decreased sharply, investors, investors were impatiently awaiting the speech of the president of the Powell Federal Reserve at the Jackson Hole symposium later this week, where it should point out the possibility of rate drops from September.
Bitcoin (BTC), Ether (ETH) and other major tokens fell, while the Crypto Oracle Chainlink liaison token was stable. Solana has taken an important step in transaction speeds. On the macro front, some observers praised Japan’s plans to approve his first stable on Yen’s back in the third quarter as a game changer.
“From Tokyo to Wall Street, the main players lock up positions, and it seems that the next step can be less on the beateering, and more on positioning in a maturation ecosystem,” said Menodorou, co-founder of Crypto Exchange Coinstash, in an email.
Positioning of derivatives
– Omkar Godbole
- The drop in Bitcoin prices since Friday is marked by a constant increase in open interest (OO), which has increased to 720,000 BTC, the most since August 2.
- At the same time, positive financing rates are discolving, indicating that short lowering positions are gaining momentum on the market.
- The same can be said for the ether market, where the open interest has increased to 14.34 million ETH, also the highest since August 2.
- OI in Link, which has shaken up the wider weakness of the market, reached a record link of 68.13 million, as well as annualized financing rates of around 10%. The combination indicates the interest of investors to chase price gains.
- On the CME, an open interest in Solana Futures Plane at a record summit of more than 4.6 million soil. However, the three -month annualized bonus has decreased sharply to 15% compared to 35% last week. The BTC and ETH premium remains locked almost 10%.
- The open interest in term contracts on CME bitcoin remains well below the summits of July, indicating a low participation of institutional traders. The OI here has continued to print lower peaks since December, diverging hard of the new summits of the price.
- In the derived, the inversions of the risks at the expiration of November showed a bias for the put options, because the drop in cash in cash has stimulated the demand for downward protection. In the case of ETH, the decline was pronounced at the end.
- Block Flows had a short serve, involving $ 4.4,000 in Put and calls of $ 4.7,000. The trader collected a bonus of $ 680,000, betting on a range between $ 4,040 and $ 5,020.
- In the case of the BTC, a merchant recovered the expiration option from September 25 to $ 110,000, anticipating a price sale.
Talk about tokens
- Solara Chain liquidations have exceeded efficiency in centralized exchanges during the weekend crisis, with $ 37.4 million in the blockchain against $ 20.9 million in CEX. Drift and hyperliquid have transported most of the flow, showing the quantity of perp activity migrated on the chain.
- The soil hyperliquidal reached a record of $ 1.2 billion while binance volumes have slipped. The total of the OI is back nearly $ 5 billion, with divided whales: 59 long wallets, 70 shorts. A star, “White Whale”, has a 20x of $ 79 million for a long time, for $ 1.22 million in red.
- Ecosystem costs are back greater than $ 1 million a day while Jupiter, Jito and Kamino see new entries. The Stablecoins sur Solana crossed $ 12 billion, with almost half of the new capital migrating from Ethereum.
- A Shiba Inu (Shib) Whale moved 3 billions of Shib (~ 38 million dollars) on Coinbase Institutional in the storage of cold on August 15, signaling a conviction on trading. The portfolio had no previous history.
- This decision coincided with the fact that the shib burning rate jumping almost 2,000% in 24 hours, with 4.7 million token destroyed. The compression of the offer remains a key narrative for the community.
- The developers are preparing the transversal expansion of the base and Solana using the CCIP CHAINLINK alongside a new HUB and DEX to deepen the liquidity. Price action is stable nearly $ 0.000013, with techniques pointing to a higher slowness.
