Crypto Entrepreneur. 10 years TA FA. Founder of CryptoPatel. Alpha Hunter. SMC and ICT Trader. Sharing 10x Gems, X: CryptoPatel, Pro Setups, Market Trends 🚀
Why Some Exchanges Blew Through $500M+ While Bitcoin Barely Moved
#Bitcoin dropped just 2.76% this week (from $92.9K → $90.3K), but not all exchanges handled it the same. Some saw massive open interest drops, while others barely flinched.
👉 Binance: OI fell only 2.49% → $17.07B. Almost one-to-one with $BTC move. Smooth, controlled adjustment. 👉 Bybit: OI plunged 6.15%, losing $530M. This wasn’t just traders closing positions, it hints at forced liquidations. 👉 OKX & Gate.io: OI dropped $330M–$420M. Their books couldn’t fully handle selling pressure, amplifying exits.
When open interest falls faster than the price, it’s not just normal profit-taking, it’s stress on the exchange. Poor liquidity + aggressive selling = domino effect of forced closes.
Binance shows why deep order books matter. Even in a small #BTC drop, it absorbed the selling without cascading liquidations. Competitors? Not so much.
In short: watch open interest vs. price. It tells you which exchanges are stable and which could amplify market moves.
Retail Steps Back, Institutions Step In: What $BTC Premiums Are Telling Us
Here’s the story the numbers are showing: Retail Cooldown 👉 Korea Premium Index – a classic retail appetite gauge – is dropping fast. 👉 Earlier rallies saw Koreans chasing #BTC aggressively. Now? That fire is fading. Retail speculators are taking a break.
Institutions Re-Focus 👉 Coinbase Premium Index is turning positive again. 👉 U.S. institutions and whales are quietly buying into weakness. 👉 Even during a pullback, the big players are positioning for the long game.
🔹 Short-term traders step aside. 🔹 Long-term, deep-pocketed investors re-engage quietly. 🔹 This split creates a healthier, more strategic demand base under BTC, setting up for potential stabilization.
Pro Insight: 🔹 Retail chasing volatility fuels spikes. 🔹 Institutions accumulating during dips = stronger foundations for next leg up. 🔹 Watch the premium divergence – it’s a tell for who’s in control beneath the surface.
Retail Steps Back, Institutions Step In: What $BTC Premiums Are Telling Us
Here’s the story the numbers are showing:
Retail Cooldown 👉 Korea Premium Index – a classic retail appetite gauge – is dropping fast. 👉 Earlier rallies saw Koreans chasing #BTC aggressively. Now? That fire is fading. Retail speculators are taking a break.
Institutions Re-Focus 👉 Coinbase Premium Index is turning positive again. 👉 U.S. institutions and whales are quietly buying into weakness. 👉 Even during a pullback, the big players are positioning for the long game.
🔹 Short-term traders step aside. 🔹 Long-term, deep-pocketed investors re-engage quietly. 🔹 This split creates a healthier, more strategic demand base under BTC, setting up for potential stabilization.
Pro Insight: 🔹 Retail chasing volatility fuels spikes. 🔹 Institutions accumulating during dips = stronger foundations for next leg up. 🔹 Watch the premium divergence – it’s a tell for who’s in control beneath the surface.
The Daily Realized Profit/Loss Ratio (30d DMA) doesn’t lie: We’re still forming the bottom, and the recovery hasn’t started yet.
Here’s what you need to know: 1️⃣ Bottom Formation Takes Time ▪️ No signs of real recovery yet – first solid upward bar = real shift. ▪️ Consolidation can last weeks, even if prices don’t drop further. ▪️ Patience now = stronger foundation for the next move.
2️⃣ Risks Are Still There ▪️ Bottom formation ≠ guaranteed upside. ▪️ Prices can still test lower levels. ▪️ But no panic selling, no capitulation – this is healthy market behavior.
3️⃣ Why This Is Actually Positive ▪️ Market is oversold but stable. ▪️ Consolidation + macro factors like global liquidity & ISM cycle = bias still leans upward. ▪️ Time is your ally – strength builds slowly, not overnight.
4️⃣ Should You Buy the Dip? ▪️ Historically, U-shape bottoms marked excellent entry points. ▪️ Are we at the bottom now? That’s for you to interpret. ▪️ Focus on reading indicators, not chasing trades.
5️⃣ Key Takeaway ▪️ Recovery hasn’t started. ▪️ Watch the 30d DMA: when it curves up, that’s your first real signal. ▪️ Oversold ≠ instant buying opportunity – understanding consolidation is the edge.
Pro Tip: The strongest moves happen after calm, steady accumulation, not during panic.
Plume Network Secures ADGM License to Expand RWA Tokenization in MENA
Plume Network just got a commercial license from ADGM, the UAE’s top financial hub! This means they can now expand real-world asset (RWA) tokenization across the Middle East, Africa & emerging markets.
Why it matters: 🔹 Abu Dhabi is attracting BlackRock, Deutsche Bank & top crypto firms. 🔹 Home to mega funds like ADIA ($1T+) & Mubadala, the region is now a global finance hotspot. 🔹 Plume will open a permanent office in Abu Dhabi by end of 2025, with local hires & partnerships.
CEO Chris Yin: "The UAE and Middle East are fast becoming leaders in tokenized finance."
If you care about crypto, finance & emerging markets, watch this space in 2026!
$TON is currently ~82% down from last year’s all-time high, trading at a key structural support zone between $1.20–$1.45, which historically acted as a strong demand area. Recent Price Action: 🔹 Broke long-term support at $3 in September 2025, confirming the bearish trend. 🔹 Currently down nearly 50% from $3, indicating the market has already discounted significant downside. 🔹 The current consolidation near $1.20–$1.45 is a classic accumulation range for long-term strategic buyers.
Key Technical Levels: 🔹 Immediate Support: $1.45–$1.20 🔹 Critical Bullish Threshold: $1.20 (breaking below this could trigger heavy liquidation) 🔹 Short/Mid-Term Targets: $3.5 / $6.8 🔹 Long-Term Target (1–2 years): $10–$15 Market Sentiment & Structure: 🔹 Despite the recent downtrend, the long-term uptrend remains intact if price holds above $1.20. 🔹 Volume analysis shows strong accumulation at support, indicating institutional and retail interest. 🔹 The next 1–2 years could see a multi-bagger rally if accumulation continues and broader crypto market conditions stabilize. Institutional Positioning: #TON benefits from high-conviction institutional backing, reducing traditional dump risk: 🔹 Pantera Capital: Largest investment in 21-year history; doubled down June 2024. 🔹 Kingsway Capital: TON is their largest token holding; consistently accumulating. 🔹 Animoca Brands: Largest validator; long-term ecosystem commitment. 🔹 Sequoia & Benchmark: $400M round in March 2025; fresh position, no exit signals. Key Takeaways: 🔹 VC Dump Risk: Extremely low; no vesting cliffs, long-term conviction. 🔹 Telegram Ecosystem Support: 900M+ users integrated, building real-world utility. 🔹 Technical Setup: Price at a strong accumulation zone, poised for a multi-year bull cycle if support holds. Risk Management: 🔹 Must hold $1.20 to maintain bullish thesis. 🔹 Aggressive buyers may layer into $1.20–$1.45 with a tight stop below $1.20. 🔹 Targeting $3.5 / $6.8 / $15 over the next 1–2 years. TON is in the late bearish cycle but showing high-conviction accumulation behavior. This is a strategic long-term entry point for investors looking for a Telegram-supported, VC-backed multi-year play.
BREAKING: Malaysia Just Launched Its First Ringgit-Backed Stablecoin! 🇲🇾
A huge move for Malaysia and the Asian crypto scene 👇 Launched by Malaysian royalty Tunku Mahkota Ismail (TMJ), the Regent of Johor and son of Malaysia’s King, has officially rolled out a brand-new stablecoin.
Meet RMJDT A digital token pegged 1:1 to the Malaysian Ringgit, fully backed by: – Cash deposits in MYR – Short-term Malaysian government bonds All under a regulated sandbox framework.
Who’s behind it? Issued by Bullish Aim Sdn Bhd, a company owned and chaired by TMJ.
Runs on Zetrix The same blockchain powering Malaysia’s national Blockchain Infrastructure (MBI).
Big Investment Coming Bullish Aim will also create a Digital Asset Treasury Company with: – RM500M initial investment in Zetrix tokens – Targeting RM1B in total
Why this matters RMJDT aims to: – Boost international use of the Ringgit – Enable smoother cross-border trade – Attract more foreign investment into Malaysia – Strengthen Malaysia’s position in APAC’s stablecoin market
A major milestone for Malaysia’s digital asset future and the fact it’s led by royalty adds serious credibility.
The Indian government has officially told Parliament that they’ve started training tax and enforcement officers in: 🔹 Blockchain analysis 🔹 Crypto-tracking tools 🔹 Wallet forensics 🔹 On-chain investigation 🔹 Handling digital evidence This means India is scaling up its ability to track crypto transactions and catch tax evasion.
What’s Already Happening? 🔹 ₹888.82 crore of undeclared crypto-linked income has been detected. 🔹 44,057 notices sent to people who traded crypto but didn’t report it in their tax returns. 🔹 Authorities are using advanced tools like Project Insight to match blockchain activity with tax data.
Why the Crackdown? The government says crypto/VDAs can be used for: 🔹 black-money flow 🔹 tax evasion 🔹 cross-border laundering
So they're increasing monitoring and enforcement. India’s crypto TDS collections have crossed ₹1,000 crore, and enforcement drives also found ₹39.8 crore in TDS violations on offshore exchanges.
What This Means for You If you trade or invest in crypto: ✔️ Declare it properly in your tax filings ✔️ Don’t ignore notices ✔️ Keep records of all transactions
The government now has stronger tools to track crypto activity — transparency is no longer optional.
Tether’s $USDT has officially been approved by Abu Dhabi Global Market (ADGM)
ADGM-licensed firms can now legally use USDT on major blockchains, including: Aptos, Celo, Cosmos, NEAR, Polkadot, Tezos, TON, and TRON. This approval classifies USDT as an “Accepted Fiat-Referenced Token” (AFRT) under ADGM regulations, allowing regulated entities in Abu Dhabi to transact with USDT across multiple networks.
Why it matters: 🔹 Expands USDT’s regulated footprint in the UAE. 🔹 Boosts confidence for institutional adoption. 🔹 Legalizes usage on multiple chains beyond Ethereum and Solana.
This is a significant milestone for crypto adoption in the MENA region and a win for Tether in institutional markets.
Breaking News: The U.S. CFTC now allows Bitcoin ($BTC ), Ethereum ($ETH), and USDC to be used as collateral in official derivatives markets.
This means crypto can now be used in regulated finance, not just for trading. Institutions can use these digital assets to back their deals, making crypto more accepted in “real” financial markets.
It’s still a pilot program, but it could bring more investors and legitimacy to crypto.