Over the day $87.0M of positions were liquidated on the terminal's coins: longs $59.8M, shorts $27.2M. $2.09B was moved to exchanges and $2.72B out of them: a net outflow of $629.6M. BTC held on exchanges' published addresses ended the day at 818,620 BTC, +706 BTC over the day. Spot BTC ETFs in the report for October 22, 2026: −$635.5M, led by IBIT (−$254.1M). The biggest gainer was GRASS (+6.32%), the biggest loser was ANIME (−18.86%).
Facts from the terminal’s data and comparisons with our own history; no conclusions about what comes next.
Source: the terminal’s minute archive, price at the start of each hour; range — by minute · ● heaviest liquidation hour, 23:00 · ● largest transfer to an exchange: $15.3M, 10:44 · day 2026-10-25 00:00–24:00 UTC.
■ longs · ■ shorts · by hour UTC, liquidations from $5,000 from the minute archive
Comparison — with the liquidation total from the minute archive over the previous 7 d (average $154.6M): the same source on both sides.
Source: liquidation streams of Bybit, Gate, Kraken, OKX, Binance, Bitget for the terminal's coins (Binance and Bitget — at most one per second per coin, smaller ones in the same second are not visible; OKX — the exchange's liquidation history) (coins with liquidations this day: 140) · day 2026-10-25 00:00–24:00 UTC. What liquidations are · without Hyperliquid
■ to the exchange · ■ from the exchange · right — the venue’s net
| Amount | BTC | Direction | Venue | Time, UTC |
|---|---|---|---|---|
| $15.3M | 190 | to an exchange | Binance | 10:44 |
| $14.7M | 182 | to an exchange | Binance | 06:37 |
| $9.6M | 120 | to an exchange | Binance | 14:38 |
| $8.0M | 99 | to an exchange | Binance | 02:36 |
| $8.0M | 100 | to an exchange | Binance | 16:40 |
Transfers — via exchanges’ published addresses (BTC — our own Bitcoin node), from $1M; the other side is an unknown holder: we do not use third-party labels.
Source: confirmed transfers from $1M to and from addresses the exchanges published themselves (BTC — our own Bitcoin node; ETH, USDT, USDC — Etherscan); exchange-to-exchange and internal moves are not inflow; networks with transfers this day: BTC, ETH · day 2026-10-25 00:00–24:00 UTC.
Source: the terminal’s minute archive, OI in $ across all venues at both ends of the day; funding — the OI-weighted average of hourly readings.
Source: USDT and USDC supply on Ethereum (Etherscan; other networks are not included), transfers from $1M to exchanges’ published addresses · day 2026-10-25 00:00–24:00 UTC.
Source: TFTC (open dataset, CC BY 4.0); report for October 22, 2026 — a US trading day, published after the close.
| Amount | BTC | Direction | Time, UTC |
|---|---|---|---|
| $63.0M | 785 | off-exchange | 13:55 |
| $52.9M | 658 | off-exchange | 20:56 |
| $50.0M | 620 | off-exchange | 18:36 |
| $46.2M | 571 | off-exchange | 03:28 |
| $28.1M | 350 | off-exchange | 23:07 |
Chain hops (output spent on further) are not counted; we do not know or name the holder.
No major events in the calendar.
Source: the «Macro» tab calendar, medium and high importance events (● — high) and holidays, UTC time. No forecasts here.
Source: the terminal’s minute archive, the first and last price of the day for 140 coins.