OVERVIEW

Stocktwits Crypto Data Dive - Week 30

Welcome to the Stocktwits Crypto Data Dive for Week 30 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 30 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: -26%

• From ATH: -48%

Altcoin Market Cap

• All-Time High: $1.73 trillion

• YTD: -26%

• From ATH: -49%

STOCKTWITS
Let’s Talk Futures 👇️

New futures show, hosted by yours truly.

CRYPTOTWITS
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 - Crypto Has Entered Its “Don’t Make Eye Contact” Phase 👀

Tuesday - From Doom Scrolling To Yacht Shopping In Two Days 🤯

Wednesday - CLARITY AcT Text Is Here 🎭️

Thursday - The Outflows Are Like Draining The Pool With A Cocktail Straw 😶

Friday - Man Holds Bag Long Enough That It Now Qualifies As An Heirloom 👴

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

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.

• June 22 - June 24 - The main event. Long liquidations run roughly from $500M to nearly $800M, then stay elevated above $600M as BTC drops toward the low-$60K area.

• June 28 - July 1 - Two-sided churn picks up, with shorts seeing several $200M-$300M hits as BTC stabilizes and tries to bounce.

• July 5 - July 6 - Another short-side flush near $300M, while long liquidations remain active but smaller.

• July 12 - July 13 - Short liquidations spike again around $300M-$350M, followed by a green bar near $350M-$400M as the market yanks both sides around. Equal opportunity misery.

• July 15 - July 16 - Long liquidations rise into the $250M-$300M zone as BTC chops near the upper end of the range.

• July 20 - July 23 - Late-window activity stays contained, with both sides mostly under $250M, suggesting the big forced unwind had already passed.

Quick read

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.

• July 17 12:00 - BTC and ETH open hot, with BTC already near the upper color range. Majors lead the first liquidation wave.

• July 18 20:00 - BANK begins showing persistent high-intensity liquidation counts, pushing toward the 2,000 cap while majors stay active.

• July 20 04:00 - July 20 20:00 - BTC, ETH, SOL, and BANK all show stronger activity, with BANK continuing to run hot. Not subtle. Not healthy.

• July 22 04:00 - July 22 20:00 - Broad activity returns across BTC, ETH, DOGE, SPCX, and SNDK, with several rows moving into yellow/orange territory.

• July 23 12:00 - Another active window, led by BTC/ETH and BANK, while DOGE and SNDK also flash elevated counts.

• July 24 04:00 - Heat cools across most rows, though BTC/ETH and BANK remain visible.

Some Interesting Insights 👓️ 

• The monthly chart shows the largest wipe came from longs during June 22 - June 24.

• The weekly heat-map shows leverage was still active by mid-to-late July, but the pressure was more rotational than systemic.

• Both sides got cleaned out, just not evenly: longs first, shorts later, then the usual chop-induced nonsense.

• BTC’s stabilization reduced the size of daily liquidation bars, but it did not kill participation.

• Early-warning rule: when daily liquidations shrink but the heat-map stays hot, the market is not calm. It is just distributing the pain into smaller time windows.

Get In Touch 📬

Email me, Jonathan Morgan, feedback; I’d love to hear from you. 📧
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Author Disclosure: The author of this newsletter holds positions in AVAX, ADA, PUDGY, WLD, NEAR, INJ, LTC, LINK, ZEC, XLM, and FET. 📋