Derivatives Data

CME Group plans to launch Avalanche (AVAX) and Sui (SUI) futures contracts on May 4, 2026, further expanding its lineup of cryptocurrency derivatives; the offerings are currently awaiting regulatory approval. Participants may choose either micro or standard contracts.

Onchain perpetual futures trading has sharply declined for five consecutive months, with March 2026 volume dropping to $699 billion from a peak of $1.36 trillion in October 2025. Hyperliquid dominates the market, capturing 34% of recent trading activity.

The negative correlation between Bitcoin and global central bank monetary policy suggests that institutional capital has already positioned itself ahead of a potential easing cycle. In the recent spot ETF net inflows have hit a new high, but the market remains choppy and unstable, with weak demand. Corporate allocation has slowed, volatility in the options market has increased, and traders are more inclined to add downside protection.

Bitcoin has been trading in a two-month range continuously since April 7. In the recent period, the price’s high was between $72k and $75k, and the low was between $62k and $65k. Overall, the market is still consolidating; open interest remains steady at about $16.7 billion, and the funding rate has returned to a neutral range. Sentiment in the options market is stable: call options have risen to 47%, but there is still hedging against short-term downside risk.

Gate News updates, April 7, according to Onchain Lens monitoring, 30 minutes ago, a newly created wallet deposited $3.82 million USDC into HyperLiquid and opened a short position of 9,395.67 ETH with 20x leverage, worth $19.7 million.

Hyperliquid is capturing significant market share in the perpetuals market, nearing 6%, challenging centralized exchanges. This shift indicates a growing acceptance of onchain derivatives, suggesting that decentralized platforms can now compete effectively in high-value trading activities.

XRP’s recent price fluctuations are in the $1.339 to $1.35 range, boosted by the U.S.-Iran ceasefire talks. It rose about 3% in a single day. The key resistance zone is $1.34 to $1.355; analysts say that only by breaking through this area can investors focus on higher targets. Downside support sits at $1.31 to $1.32, and if it breaks below, it could return to the consolidation range. The market is waiting for U.S. economic data, so the near-term dynamics are worth watching.

Due to the Iran situation, the Ethereum price has fallen by about 3.4%, dropping below $2,100. The market is concerned that geopolitical tensions may escalate, and technical indicators are showing a bearish trend. In the short term, it may face pressure, while the long-term direction will still depend on developments in the situation. Investors need to watch both the technical picture and geopolitical developments.

Gate News update, April 7, a certain CEX published data showing that in Q1 2026, amid macroeconomic uncertainty, traders tended to increase exposure to commodities risk. The exchange’s Q1 nominal trading volume reached $52.0 billion, up 300% quarter over quarter, with commodities accounting for 7.6% of all trading contracts. Its derivatives business hit a new quarterly high.

Well-known trader James Wynn failed to short Bitcoin on the Hyperliquid platform, was forced to close the position, and suffered losses close to $20 million. Over the past two weeks, he has already been liquidated 6 times, highlighting the risks of high-leverage trading. Bitcoin has recently rebounded, driven mainly by short-seller squeeze, and the market’s total capitalization has risen to about $2.35 trillion.

After failing to break above $1.35, the XRP price has fallen back to around $1.31, with an intraday drop of about 1.9%. The market shows clear selling pressure, and reduced liquidity is amplifying volatility; short-term sentiment is tilted toward defense. Key support is in the $1.31 to $1.30 range, and if it breaks down, it could test $1.28.

Gate News message, April 7, according to CoinAnk data, over the past 24 hours the entire network liquidated $197 million in total, including approximately $89.12 million in long positions and approximately $108 million in short positions. By coin, liquidations were approximately $98.06 million for Bitcoin and approximately $37.04 million for Ethereum.

Bitcoin BTC$68,767.57 slid toward $68,000 on Tuesday, with traditional markets closed in Hong Kong for a long weekend, as repeated failures near $70,000 left the bitcoin market vulnerable to a break lower. The drop came after another failed push above $70,000, with prices slipping quickly once

Gate News: Bitcoin’s price has fallen to around $68,000. It had repeatedly failed to break through the $70,000 level, and market momentum has clearly weakened. The current price is still within the $65,000 to $73,000 trading range, but the risk of testing the lower end of the range is rising.

Bitcoin gives back its gains on April 7, trading at $68,800. A U.S. SEC “safe harbor” proposal for crypto has been submitted for review by the White House. Argentina’s President Milei has been accused of having multiple calls with LIBRA’s founder, sparking a scandal. Bitcoin’s market volatility is high; it’s advised to control leverage to prevent large-scale liquidations.

2026-04-06 22:45 to 2026-04-06 23:00 (UTC), ETH saw a clear drop within 15 minutes, with the K-line return at -1.12%, and the price range from 2105.5 to 2129.3 USDT, with a swing of 1.12%. During this period, market attention quickly increased; capital flows and volatility intensified; trading volume surged rapidly; and investor sentiment leaned toward caution. The main driving force behind this abnormal move is that on-chain high-frequency traders carry out arbitrage using MEV (Maximal Extractable Value) strategies through…

Key Insights: XRP continues forming lower highs and lows, while price remains below major moving averages, reinforcing a sustained bearish structure across timeframes. Open interest spikes during volatility signaled speculative trading, yet declining levels now reflect reduced risk

Dogecoin's long positioning increases as traders expect a rebound, yet significant short positions and declining trading volume suppress price movement. The market lacks direction, showing a sideways to slightly bearish outlook as the price struggles to gain momentum.

Key insights XRP long traders lost $3.22 million in 24 hours, far exceeding short losses, as liquidation imbalance surged to 537% overall today. Although XRP rose 0.37% to $1.31, traders expecting a stronger rebound toward $1.50 instead faced rapid liquidations across exchanges

2026-04-06 16:45 to 2026-04-06 17:00 (UTC), ETH saw a brief 1.00% drop within 15 minutes; the price fell from 2168.6 USDT to 2140.3 USDT, with a swing of 1.31%. This round of abnormal price movement has drawn market attention, with heightened short-term volatility and a corresponding increase in trading volume. The main driver behind this move is on-chain data showing that large ETH transfers of more than $10M per transaction were concentrated into a certain major exchange; the related net inflow of funds reached as high as 6,617.12 ETH. After the funds arrived,