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CoinGlass

CoinGlass is a crypto data analytics platform tracking derivatives metrics like liquidations, open interest, and funding rates across major exchanges.

Known aliases

  • Coinglass

Relationships

No evidence-backed relationships are recorded.

Current stories

invest3 publishers

Bitcoin stalls under its $87,400 high a second time as futures leverage rebuilds

Bitcoin rose to just shy of $86,950 on Monday, within about $500 of its eight-month high, then fell below $86,000, its second stalled rally in a week. Soft U.S. jobs data drove the move, and clearing the high looks to need both lower Treasury yields and leveraged buyers willing to keep paying to wait.

Perspective Coverage

3 publishers
Builder
Builder 5%
Operator
Operator 8%
Investor
Investor 87%

Reality

Evidence60
Adoption
Insufficient
Hype gap+20
Incentives
Insufficient
Confidence58
invest13 publishers

Bitcoin futures open interest grows $2.3 billion in the payroll rally past $87,000

Bitcoin briefly crossed $87,000 on Oct. 2 after US employers added just 29,000 jobs in September against about 90,000 expected. Traders added roughly $2.3 billion of futures positions during the climb, so more leverage now rides on the Fed's Oct. 28 decision.

Perspective Coverage

13 publishers
Builder
Builder 7%
Operator
Operator 22%
Investor
Investor 71%

Reality

Evidence60
Adoption
Insufficient
Hype gap+30
Incentives40
Confidence65
invest3 publishers

Bitcoin gains 0.9% after August core PCE comes in at 3.0% against 3.3% expected

Bitcoin rose 0.9% to $84,376 after August core PCE came in at 3.0%, below the 3.3% economists expected. Lower odds of an October Fed hike did little for a market whose September rally ran on ETF inflows that have since faded.

Perspective Coverage

3 publishers
Builder
Builder 5%
Operator
Operator 15%
Investor
Investor 80%

Reality

Evidence70
Adoption
Insufficient
Hype gap+25
Incentives40
Confidence65
invest3 publishers

Bitcoin enters its quarterly close about 4% below what US spot-ETF holders paid on average

Bitcoin fell to $82,568 on Monday, about 4% under the $86,000 average cost of US spot-ETF holders, two days before its September and third-quarter closes. Corporate treasuries paid $80,500 on average, so Wednesday's close sets whether each group ends the quarter in profit or underwater.

Perspective Coverage

3 publishers
Builder
Builder 5%
Operator
Operator 13%
Investor
Investor 82%

Reality

Evidence64
Adoption55
Hype gap+15
Incentives45
Confidence62
invest8 publishers

Bitcoin's squeeze high stopped $409 short of the average ETF buyer's cost

Forced closures of bearish bets, counted at $648 million by Crypto Briefing and above $600 million by CoinGlass, carried bitcoin to its highest price since January. Glassnode puts the US spot ETF cohort's average entry at $85,638.

Perspective Coverage

8 publishers
Builder
Builder 6%
Operator
Operator 14%
Investor
Investor 80%

Reality

Evidence62
Adoption40
Hype gap+30
Incentives55
Confidence60
invest3 publishers

Short covering supplied 39% of the buying that took Bitcoin to $87,395

US spot Bitcoin ETFs took in $998.95 million on September 21, the year's biggest single day, and another $648 million of buying came from short sellers being liquidated in a market still about 30% below its October 2025 high.

Perspective Coverage

3 publishers
Builder
Builder 5%
Operator
Operator 15%
Investor
Investor 80%

Reality

Evidence62
Adoption40
Hype gap+30
Incentives
Insufficient
Confidence58
invest16 publishers

A 3% retrace cleared $475M in longs: the leverage was the news, not the price

Bitcoin slipped from about $79,500 to $77,000 on August 22 and roughly $547 million of crypto positions were force-closed. At 50x, a 2 percent move is the entire margin.

Perspective Coverage

16 publishers
Builder
Builder 6%
Operator
Operator 26%
Investor
Investor 68%

Reality

Evidence58
Adoption71
Hype gap+24
Incentives62
Confidence63

Earlier coverage

  1. Bitcoin's climb past $81,000 ran on $415 million of forced short covering

    Invest · September 3, 2026 · 3 publishers

  2. Exchange liquidation engines bought bitcoin's move above $71,000

    Invest · August 29, 2026 · 1 publisher

  3. Bitcoin's 20% week was a Treasury trade, and gold is the proof

    Invest · August 23, 2026 · 1 publisher

  4. Bitcoin under $76,000: the $100M long wipeout is a sizing problem, not a direction problem

    Invest · August 22, 2026 · 1 publisher

  5. A $3B crypto unwind in minutes, and only about a tenth of it was forced

    Invest · August 22, 2026 · 1 publisher

  6. Kalshi's $268.89M crypto day counts attention. Its $18.69M open interest counts positioning.

    Invest · August 21, 2026 · 1 publisher