Bitcoin's latest sharp fall
Bitcoin fell 3.9% in 4 hours 46 minutes: from $79,662 at 21:19 to $76,542 at 02:05 UTC on 29 Oct.
$194.8M of long positions were liquidated on the way down, against $4.92M of shorts. The largest single one was a $7.45M long at 23:45 UTC.
Open interest rose 0.59%, from $30.1B to $30.3B: more positions were opened than closed.
The average funding rate went from +0.0080% to +0.0063% per 8 hours.
A $12.2B monthly options expiry is due 7 hours 41 minutes after the move was picked up (Fri 30 Oct, 08:00 UTC).
In the hour before and during the fall, 21 on-chain transfers of $100 million or more moved $5.81B of BTC; the largest, 7,637 BTC ($617.0M), went from Binance to an unlabelled wallet.
US spot bitcoin ETFs took in 2,183 BTC on 27 Oct, the latest day published (the day's figure, from the funds whose issuers' files we read; the move's own day is not in yet).
Picked up at 00:19 UTC from one-minute prices of Binance's BTCUSDT perpetual.
Ethereum's latest sharp fall
Ethereum has fallen 1.2% in 25 minutes so far, and the move is still running: from $2,292 at 15:46 to $2,265 at 16:11 UTC.
$6.52M of long positions were liquidated on the way down, against $4,125 of shorts.
Open interest fell 1.0%, from $17.3B to $17.2B: more positions were closed than opened.
The average funding rate went from +0.0071% to +0.0060% per 8 hours.
US spot ether ETFs lost 36,174 ETH on 29 Oct, the latest day published (the day's figure, from the funds whose issuers' files we read; the move's own day is not in yet).
Picked up at 15:59 UTC from one-minute prices of Binance's ETHUSDT perpetual.
Across the market
| Coin | Price | 24 hours |
|---|---|---|
| BTC | $77,490 | −0.06% |
| ETH | $2,272 | +1.0% |
| SOL | $93.50 | −0.71% |
| ZEC | $1,254 | +2.3% |
| HYPE | $85.71 | −1.9% |
| XRP | $1.25 | +0.28% |
| NEAR | $4.01 | −6.6% |
| PEPE | $0.000004678 | −1.9% |
| ESPORTS | $0.01521 | −4.3% |
| BNB | $702.41 | −1.2% |
Liquidations of every coin we cover over the last 24 hourly periods, through 16:12 UTC: $68.3M of longs and $53.8M of shorts.
What Plus adds
Plus adds the rest of each card: venue detail of the liquidations, taker flow on spot and perpetual markets, the Coinbase premium, the net position of Hyperliquid's largest accounts, exchange flows from our nodes hour by hour and smaller transfers. It also adds every other coin we cover, the archive of past moves with what followed similar ones an hour and a day later, and a browser notification within a minute of a move starting.
How we spot a sharp move
Every minute, about ten seconds after it closes, we read the last trade of each coin's most traded USDT perpetual (Binance's where it lists one, otherwise Bybit's, OKX's or Bitget's) from our own collection. A move opens when the price has fallen or risen, within 15 minutes, 1 hour or 4 hours, by at least four times the coin's own recent volatility scaled to that window, and by at least 1%, 1.5% or 2.5%. Recent volatility is the standard deviation of the coin's five-minute returns over the 7 days that ended 4 hours earlier, so a move never raises its own bar.
The move starts at the high (for a fall) or the low (for a rise) inside that window, and it follows the price while it keeps making new extremes. It ends once an hour passes without a new extreme or the price gives back half of the move. One move, one record: it opens when it starts, updates while it runs and closes when it ends.
What our data saw is read for the move's own window, from its start to its extreme, and for transfers and old coins also the hour before. These are what our data shows; we do not claim a cause our data does not show. Before 14 October 2026 (Bitcoin, Ethereum and Chainlink) or 28 October 2026 (other coins) the archive is built from five-minute prices, so those moves are timed to five minutes.
Where the numbers come from
Prices, liquidations, open interest, funding and options come from our own collection of the venues' public market data; ETF flows from the issuers' own daily files; large transfers, old coins and exchange flows from our own Bitcoin and Ethereum nodes, with organisations named from our own labels and every other party left unlabelled. Liquidations are what the venues report (Binance reports at most one per contract per second, so its totals are lower bounds). ETF flows are the day's figure, which arrives after the US trading day closes. The free figures on this page are licensed CC BY 4.0: credit CryptoKeyhole with a link.
Questions
Why is crypto down today?
What counts as a sharp move?
A fall or rise, within 15 minutes, 1 hour or 4 hours, of at least four times the coin's own recent volatility for that window, and at least 1%, 1.5% or 2.5%.
How quickly is a move picked up?
Within the minute: about ten to twenty seconds after the minute in which the price crossed the line.
Which coins are covered?
Bitcoin and Ethereum here, free. Plus follows every coin we cover with a perpetual future, with its own card and archive.
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Figures on this page are calculated by CryptoKeyhole from our own collection of the venues' market data and our own nodes, and refreshed every minute. They describe what our data saw, not a cause it cannot show.