The crypto market just added another +2% in the last 24 hours, pushing the total market cap to a massive $4.03 TRILLION! 📈
Here’s the highlight reel:
💎 Bitcoin (BTC) – $118,901 (+2.3%) 🟢
💎 Ethereum (ETH) – $4,293 (+0.7%)
💎 Solana (SOL) – +4.4%
💎 XRP – +4.4%
💎 Dogecoin (DOGE) – +4.7% 🐶🚀
🔥 Big News:
Ethena smashes through $11.89B TVL — proof that non-staking DeFi models are heating up!
Heavy short liquidations are fueling the rally 📊
Futures open interest dropped for most tokens ➡️ capital outflow and some profit-taking happening.
📌 Funding Rates:
XMR futures are overheating with crazy 200%+ annualized rates 🤯
BTC & ETH funding rates ~10% ➡️ still moderately bullish.
📌 Options & Futures Action:
ETH CME open interest jumped from 1.51M to 1.70M ETH
BTC options show slight caution (more puts), ETH options = bullish across the board.
Big OTC moves: BTC $115K put (Aug 13) & $150K calls (Sept) in demand.
$3.3B traded at Paradigm in a single day!
💡 Bottom Line:
Crypto is holding strong, Ethena’s TVL milestone is a bullish signal, and derivatives traders are making BIG plays ahead of August & September.
Question is… are you positioned for the next move? 👀