OVERVIEW

Stocktwits Crypto Data Dive - Week 11

Welcome to the Stocktwits Crypto Data Dive for Week 11 of 2026! 📊

In this issue, we'll dive into the data to keep you informed about the progress of the overall crypto market and shine a spotlight on emerging and established trends.

What You’ll Find In The Stocktwits Crypto Data Dive has three main objectives:

1. Total and Altcoin caps, stamped with YTD moves and the gap to ATH.

2. Seven-layer market-cap recap (TMC ex-stables, ex-top-50, and five more flavors).

3. Crypto Index Performance covering 12 indices.

4. The Liquidation Station boards the train with 30-day totals plus a 7-day heatmap for maximum schadenfreude.

5. Market Heatmap, Social Volume Heatmap, Active Address Heatmap.

6. ETF scorecards for BTC and ETH still tracking 7- and 30-day flows.

So, without further delay, let's jump right into the data from week 11 and explore its intriguing insights! 🚀

CRYPTO
Crypto Market Cap Update

What is the broader trend within the crypto market? The simplest way to track this is by using three market cap charts. So let's see what we got. 🔭

*the price levels and performance values may be very different from what you read in your mailbox vs. what's happening in the live market. This is especially true when crypto faces a new bull or bear run. 

Total Market Cap

• All-Time High Close: $4.22 trillion

• YTD: -20%

• From ATH: -44%

Altcoin Market Cap

• All-Time High: $1.73 trillion

• YTD: -19%

• From ATH: -44%

STOCKTWITS
Missed An Issue This Week? I Got Ya Right Here 👇️

Here’s this week’s Cryptotwits newsletters. That you probably read already. Maybe. Probably.

Monday - Only 1M BTC Remaining 😨

Tuesday - Well, At Least We’re Green 😶

Wednesday - Wait, Crypto Is The Stable One? 🤔

Thursday - Stress Readings This Bad Used to Require An Exchange Imploding. Now We Do It Organically 🤷

Friday - The Most Expensive Typo in DeFi History - Or the Most Expensive Cover Story 😱

CRYPTO
Stocktwits Crypto Index RRG

Relative Rotation Graphs (RRG) help us visualize how a currency or sector performs compared to a benchmark - in this case, the U.S. Dollar Index (DXY). Think of the four colored sectors as stages in a race:

• Leading Quadrant (green) - You're a champ! 🏆 You're ahead of everyone else, and the crowd is cheering. But watch out; you might be overdoing it.

• Weakening Quadrant (yellow) - You're slowing down 😓 and losing your lead. Maybe you're a bit demoralized because your biggest fan didn't show up. You're now in the middle of the pack.

• Lagging Quadrant (red) - Disaster strikes! 😱 You're injured, exhausted, or just made a big mistake. You're now in last place, and it's a sad scene.

• Improving Quadrant (blue) - Time for a comeback! 💪 Your motivation returns, the music swells, and you're picking up speed. You're back in the middle, catching up with the leaders.

Analyzing the RRG Examples 

Example 1: Rapid Rotation
- If an instrument moves quickly through all four quadrants, it could indicate high volatility or erratic behavior. Traders may want to be cautious or use appropriate risk management strategies in such cases.

Example 2: Stuck in the Middle
- An instrument that remains close to the center of the RRG might be in a consolidation phase, lacking a clear trend or momentum. Traders might wait for a decisive move before entering a position.

Example 3: Consistent Leader
- If an instrument stays in the Leading Quadrant (top right) for an extended period, it could signify a strong, sustained uptrend. Traders might consider buying opportunities or riding the trend.

Example 4: Slow Recovery
- An instrument that gradually moves from the Lagging Quadrant (bottom left) to the Improving Quadrant (blue) and eventually to the Leading Quadrant (green) could indicate a slow but steady recovery. Traders might look for potential reversal or bottom-fishing opportunities.

The GIF below shows the past 21 days of movement on the RRG.

The GIF below shows the past 13 weeks of movement on the RRG.

CRYPTO
Weekly Total Market Cap (TMC) Performance

CRYPTO
Weekly Crypto Index Performance

STOCKTWITS
Latest Stocktwits Podcasts & Videos 😱

The Latest Cryptotwits Podcast - Fear & Greed Still in the Fetal Position… But Crypto’s Quietly Bouncing

The Howard Lindzon Show - Anthropic’s “Quadruple Lindy” + Why SoftBank Tells a Different OpenAI Story

Talking Tickers - We Analyze Retail Favorites: Is Zooks/Kuiper or Reddit's Ad Revenue More Exciting?

Boardroom Exclusives - D-Wave CEO: Record 2026 Bookings + The Quantum Circuits Acquisition Changes Everything

True Odds Podcast - Max Crosby to the Bears? + Team USA's WBC Nightmare

Philisophical Quant - The Commodity Crash That's About to Hit

CRYPTO
Liquidation Station 😱 

Interested in how much has been flushed out of leveraged long and short positions? Who’s getting hurt the most? This is the best place to get an idea of how leveraged positions are doing. 🔴 

30-day Total Liquidations 📆 

What You’re Looking At

• Green bars above zero = longs blown out because price fell.

• Red bars below zero = shorts blown out because price ripped.

• Left-hand scale is U.S. dollars (millions); the dashed line near the top sits at $1B.

• Feb 22 - Largest long liquidation spike ($500M) during a sharp downside probe. Price briefly dips before stabilizing.

• Feb 24 - Biggest short liquidation of the month ($600M) as BTC reverses higher and squeezes late bears.

• Feb 27 - Feb 28 - Cluster of moderate long wipes ($250M-$300M) as price churns within the range.

• Mar 3 - Another meaningful short squeeze ($450M) tied to a quick upside push toward the $70Ks.

• Mar 12 - End-of-window short liquidation spike ($300M) as price lifts again.

What You’re Looking At

• Rows = coins, columns = timestamps.

• Color = head-count of forced liquidations (legend tops at 2,000).

• A cell showing “BTC 1,600” means 1,600 separate BTC positions were liquidated.

• Mar 6 - Mar 7 - BTC and ETH show moderate liquidation activity during the start of the week. Nothing systemic.

• Mar 8 - Mar 9 - SOL and XRP show small bursts as the market tests the lower end of the range.

• Mar 10 04:00 - Mar 10 20:00 - Noticeable spike across majors; still well below late-January intensity.

• Mar 11 - Mar 12 - Activity spreads lightly into mid-caps but remains contained.

• Mar 12 - Mar 13 - Isolated spike around TRUMP token, the largest heatmap burst of the week. Classic thin-liquidity leverage trap.

Some Interesting Insights 👓️ 

• The major leverage purge occurred earlier in the year, not in this window.

• February-March shows stabilization and rotational liquidations rather than cascading wipes.

• Monthly data confirms liquidation sizes shrank significantly.

• Weekly heatmap shows localized stress instead of systemic liquidation waves.

• BTC trading range around $65K-$72K allowed leverage to rebuild slowly but not dangerously.

• When liquidation spikes shrink and both sides get clipped, the market feels like it has moved from panic to range trading.

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Author Disclosure: The author of this newsletter holds positions in ADA, IMX, COPI, MIN, AGIX, ALGO, ZEC, XLM, and NEAR. 📋