CryptoQuant
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Bears Dominate Bitcoin Futures Market

“The futures market in high leverage for 16 months and since BTC's last ATH excessive leverage declining. Price declines force capitulation impacting leverage health, is positive for long term.” – Read More

By Gaah | @cryptoquant_official
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The Liquidity Drain: Is the Crypto Market Running Dry?

“Without a stabilization in stablecoin reserves and a return of active participants, the "pain" is likely to persist. Watch the $50B USDT level-it’s the last line of defense.” – Read More

By TopNotchYJ | @cryptoquant_official
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CME basis is compressing, and the curve is flattening.

But unlike the 2018 & 2022 bottoms, it’s still positive, no backwardation.

Stress is building, not capitulation.

👉 Dive into the research.

@cryptoquant_official
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XAUT has officially entered the Top 10 perpetual trading pairs on Binance.

“Gold-backed crypto is no longer a niche hedge. It is now competing directly with major crypto perps in terms of liquidity and trader attention on Binance.” – Read More

By Maartunn | @cryptoquant_official
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Panic selling accelerates across derivatives amid rising tensions between U.S and Iran

“Within a single hour this morning, sell volume surged by approximately $1.8B, reflecting aggressive market sell orders hitting the books.” – Read More

By DarkFost | @cryptoquant_official
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Most Investors Who Bought Within the Last 2 Years Are in Loss

“If Bitcoin's price drops below $60,000, putting the majority of investors (excluding very long-term holders) into loss territory.” – Read More

By Crypto Dan | @cryptoquant_official
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38% of Altcoins Near ATL, Worse Than the Post-FTX Period

“This metric shows how much altcoins are still under pressure. In fact, this represents the largest regression of altcoins observed during this cycle.” – Read More

By DarkFost | @cryptoquant_official
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CryptoQuant’s Annual Exchange Leader Report is live 🏆

Overall Leaders:
• MEXC
• Binance
• Bybit


But the rankings are just the starting point.

Here are the key insights 👇

1️⃣ Spot Market
Binance dominates spot with $7.0T in trading volume, the highest in the industry.
Growth leader: MEXC (+90% YoY) in spot volume.

2️⃣ Derivatives Market
Binance leads with $25T in perpetual futures volume (+20% YoY).
Growth standout: Gate (+468% in perps volume).

3️⃣ Derivatives Volume Mix
Bitget ranks among the most Bitcoin-dominant derivatives venues
, alongside Coinbase and Crypto dot com — highlighting distinct product strategies across exchanges.

4️⃣ Transparency & Proof of Reserves
Top performer:
KuCoin — 96.7 (A+)

Transparency standards vary meaningfully across exchanges.

5️⃣ CeFi Lending
Tether dominates with a ~$17B loan book.
Second tier: Maple, Galaxy & Nexo (~$1.7–2.0B each).

That’s the headline view.

The full report goes much deeper into liquidity concentration, leverage exposure, and exchange risk.

👉 Read it here.

@cryptoquant_official
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Bitcoin Shows Relative Strength

“Although global instability and the bear market are expected to persist, the low volume of deposits into exchanges validates the exhaustion of selling pressure in Bitcoin.” – Read More

By GugaOnChain | @cryptoquant_official
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Bitcoin’s Rebound After a Geopolitical Shock

“Overall, the rebound toward $73,000 appears largely driven by ETF inflows and derivatives-driven short covering.” – Read More

By XWIN Research Japan | @cryptoquant_official
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Not all Proof-of-Reserves are equal.

KuCoin ranks #1 in CryptoQuant’s PoR Transparency Score (96.7, A+), backed by public wallets, monthly Merkle-tree reports, and third-party attestations.

A benchmark for exchange transparency.

👉 Read it here.

@cryptoquant_official
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