Derivatives Data

On April 17, an on-chain analyst, Ai Auntie, disclosed on the X platform that a long-term whale who has held a large amount of tokens since the Ethereum ICO period transferred 2,000 ETH (about $4.63 million) to a multi-signature address. The receiving address has been identified as a “designated sell” address in its history—funds are typically deposited to an exchange shortly after the transfer.

In the past 24 hours, ORDI saw $36.6 million in total liquidations, with shorts at $24.27 million and longs at $12.33 million. The largest single liquidation was $879,629, marking a significant spike compared to the weekly average.

Bitcoin nears $75,000, driven by significant whale accumulation of 270,000 BTC and low exchange reserves. Despite fluctuations and negative funding rates, it rebounded after geopolitical news, with futures inflows increasing since March.

XRP has recently rebounded to $1.39 after trading between $1.20 and $1.40 due to improved market sentiment. A significant drop in futures open interest reflects reduced speculation, while technical indicators suggest a potential bullish breakout, targeting $1.50 and possibly $1.80.

Ripple's RLUSD stablecoin is now collateral for futures trading on Bitrue, enhancing capital efficiency and reducing volatility exposure. Verified by Deloitte as fully backed, RLUSD also aims to modernize Ghana's tax systems for small enterprises through blockchain technology.

2026-04-16 13:30 to 13:45 (UTC), the BTC price fluctuated within the range of 74481.3 to 75000.0 USDT, with a return of -0.50% over 15 minutes and a swing of 0.69%. During this round of abnormal movement, market attention increased, shown by intensified short-term volatility, but it did not trigger widespread panic. The main driver of this abnormal movement is localized forced liquidation under the high-leverage positioning environment in the derivatives market. Existing data shows that BTC perpetual futures open interest has been running at consistently high levels; leverage has accumulated in the market. Within the abnormal-movement window, long leverage is passively deleveraged, which triggers a liquidation cascade and, in turn, causes the spot price to passively dip. ETF fund flows remain neutral, contrasting with net outflows of large on-chain funds, further confirming that this price decline is mainly driven by endogenous risk release within the derivatives market. In addition, daily-level data shows that large addresses (\u003e$10M) continue to record net outflows, with a total amount of -12,987.03 BTC. This should have provided support for the price, but during the abnormal movement period, no large-scale concentrated sell-off or a surge in on-chain activity has been observed. On the ETF side, mainstream ETF fund flows show no significant abnormal movement, indicating that institutions have not engaged in trend-based selling. Spot and derivatives trading volumes remain high. The position structures of some top platforms are highly concentrated, and with multiple factors resonating simultaneously, the effect of localized forced liquidation is amplified, which then transmits to the spot market. The market is still in a high-leverage operating phase. Investors should be alert to the risk of a new round of forced liquidation pressure brought on by amplified future volatility. Focus on indicators such as the exchanges’ BTC net inflow/outflow, minute-level large transfers, derivatives market positions, funding rates, and liquidation volume. If there is a sudden change in fund flows on the derivatives or ETF side, there may be systemic downside risk. In the short term, the risk of sharply fluctuating market conditions is prominent, and investors should closely monitor subsequent market data and on-chain developments.

Bitcoin fell below $73,000, its lowest in over three weeks, as long-term holders booked profits and spot ETF demand weakened. This triggered significant liquidations in derivatives, causing a 4% drop in total crypto market capitalization.

BTC breaks through $75,000; the Iran–Israel ceasefire and fresh highs in U.S. stocks lift risk assets, but the options market remains somewhat cautious. The ETH/BTC ratio rebounds, signaling capital rotation.

According to on-chain data platform Hyperbot, well-known Hyperliquid trader Huang Licheng (Maji Big Brother) significantly increased his Bitcoin and HYPE long positions on April 16. As of the latest data, his total open position size on the Hyperliquid platform exceeds $56.5 million, with unrealized gains on his portfolio of approximately $1.9 million.

According to The Block’s report, Hyperliquid’s HIP-3 market open interest reached a peak of $2.38 billion in April, but has recently fallen to $2.1 billion. TradeXYZ dominates the market, accounting for more than 90% of the share. The top ten by trading volume on Hyperliquid are mainly driven by tokenized stocks and commodity futures, offering 24/7 trading services that traditional exchanges cannot provide.

Ethereum remains above $2,300, with rising futures open interest and substantial ETF inflows. However, low perpetual contract funding rates and declining DApp revenue indicate waning confidence and potential price pressure amid stiff competition.

From 2026-04-15 19:30 to 19:45 (UTC), the BTC price fluctuated between 74,706.2 and 75,276.9 USDT. Within 15 minutes, the return reached +0.46%, and the range was 0.76%. Trading activity in the market for this window was active: spot trading volume rose 18% compared with the previous hour’s average. Volatility increased in the short term, and overall market attention improved. The main drivers behind this abnormal move are the short-term amplification of spot market trading volume and the coordinated increase in long positions in the derivatives market. Derivatives futures open interest (Open Interest) during this period, on a month-over-month basis,

The cryptocurrency market experienced $257 million in liquidations within 24 hours, with longs at $163 million and shorts at $93.82 million. Bitcoin and Ethereum had significant liquidations, totaling $55.59 million and $43.59 million, respectively.

2026-04-15 14:30 to 2026-04-15 14:45 (UTC), the BTC price’s return over 15 minutes was -0.62%. The quoted range was 73,905.4 to 74,448.0 USDT, with a swing of 0.73%. Market volatility quickly intensified, drawing widespread attention from investors, and short-term trading activity became active. The main driver behind this unusual movement was BTC net inflows to exchanges. On-chain data shows that during this period, about 6 BTC ($420,690) moved into exchanges, combined with the fact that the market’s overall order book depth has been continuing since February

From 2026-04-15 13:30 to 13:45 (UTC), the BTC price fluctuated within the range of 73,846.3 to 74,415.9 USDT. Within 15 minutes, the return recorded -0.70%, with an amplitude of 0.77%. During this period, market volatility intensified, trading volume and on-chain transfers heated up significantly, and market participants’ risk sensitivity increased. The main driving force behind this unusual move was a sharp increase in ETF fund outflows. Data shows that on 2026-04-13, U.S. spot Bitcoin ETFs recorded net outflows of -231.7 million dollars, far above the one-week average

From 13:30 to 13:45 (UTC) on 2026-04-15, ETH recorded a -0.60% return at a short-term high, and the price fluctuated within 2317.79 - 2333.92 USDT, with an amplitude reaching 0.69%. In the preceding 24 hours, ETH had risen strongly, with the highest gain reaching 9.5%, and market attention noticeably heated up. The negative return during this period reflects a rapid shift in local sentiment in the high-price area. The main driver behind this move is long liquidation profit-taking in the derivatives market and partial deleveraging (cutting) of local leveraged funds. In the ETH futures market over the past 24 hours, the shorts

A major exchange has launched X-Perps, MiFID-regulated crypto derivatives with five-year expiries and up to 10× leverage, targeting EEA traders. It offers features like a unified account, real-time margin monitoring, and multilingual educational resources.

A trader known as 0x049b has opened a 20x leveraged long position, buying 269 BTC and 8,586 ETH. Over two months, they executed 47 trades, achieving a 63.83% win rate and a total profit of $5.17 million.

SunWukong has introduced BLESS/USDT perpetual contracts on its decentralized derivatives platform, offering leverage of up to 20x, as announced on April 15.

RAVE achieved 5th place in a major CEX's 24-hour contract trading volume, recording $3.14 billion and $29.33 million in liquidations, following only BTC and ETH. AIRA and other products also featured on the leaderboard.