OVERVIEW

Stocktwits Crypto Data Dive – Week 8

Welcome to the Stocktwits Crypto Data Dive for Week 8 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 8 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: -24%

• From ATH: -46%

Click to enlarge.

Altcoin Market Cap

• All-Time High: $1.73 trillion

• YTD: -23%

• From ATH: -46%

Click to enlarge.

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 – President’s Day

Tuesday – Market Down 50% But I’ve Grown So Much As A Person 👴

Wednesday – The Market Has Taken Everything Except My Ability to Make Jokes About It 🫡

Thursday – When I Stared Into The Abyss, It Didn’t Stare Back, It Gave Me A Hug And Reassuring Shoulder Squeeze 🫂

Friday – The Heart Wants What It Wants, And What It Wants Is To Be Destroyed 😻

What investment is rudimentary for billionaires but ‘revolutionary’ for 70,571+ investors entering 2026?

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Sounds crazy, right? But when the ultra-wealthy spend staggering amounts on blue-chip art, it’s not just for decoration.

The scarcity of these treasured artworks has helped drive their prices, in exceptional cases, to thin-air heights, without moving in lockstep with other asset classes.

The contemporary and post war segments have even outpaced the S&P 500 overall since 1995.*

Now, over 70,000 people have invested $1.2 billion+ across 500 iconic artworks featuring Banksy, Basquiat, Picasso, and more.

How? You don’t need Medici money to invest in multimillion dollar artworks with Masterworks.

Thousands of members have gotten annualized net returns like 14.6%, 17.6%, and 17.8% from 26 sales to date.

Explore offerings

_{*Based on Masterworks data. Past performance is not indicative of future returns. Important Reg A disclosures: masterworks.com/cd}

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.

Click to enlarge.

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

Click to enlarge.

CRYPTO
Weekly Total Market Cap (TMC) Performance

CRYPTO
Weekly Crypto Index Performance

STOCKTWITS
Latest Stocktwits Podcasts & Videos 😱

The Latest Cryptotwits Podcast – “Privacy Isn’t for Criminals” – Lisa Loud on Secret Network, AI, and Encryption

The Howard Lindzon Show – Software Meltdown (IGV) vs QQQ + Why Everyone’s Hiding in Consumer Staples

StocktwitsTV – Agentic AI Winners: The New “Stack” Lifeboats as SaaS Gets Repriced (Palantir, Cloudflare)

True Odds Podcast – 

Retail Edge – Shopify -40% on AI Spend… Retail Buys the Dip (Plus Wendy’s “Take It Private” Talk)

Talking Tickers – SoFi vs DraftKings vs Shopify | Which Trading At the Best Price?

StocktwitsTV – Opendoor CEO Kaz: Monster Q4 Beat, AI Code Explosion, and the Path to Profitability

The Philosphical Quant – Why Tight Stops Beat High Accuracy Every Single Time

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.

30-day Total Crypto Liquidation Chart – Click to enlarge.

• Jan 28 – Jan 31 – Heavy long liquidation cluster building toward a multi-billion-dollar flush, price already weakening into it.

• Jan 31 – Feb 1 – The largest green bar of the month, roughly $2B+ in long liquidations, as BTC breaks structure and accelerates lower.

• Feb 4 – Feb 5 – Follow-through long wipe, another $1B+ class event, confirming leverage didn’t reset on the first hit.

• Feb 5 – Feb 6 – Shorts finally get clipped (~$500M-$700M), but the bounce lacks conviction.

• Mid-Feb (Feb 14 – Feb 18) – Liquidation sizes shrink meaningfully, signaling leverage has already been cleaned out.7-day Liquidation Heat Map 🌡️

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.

7-day Cryptocurrency Liquidation Heatmap – Click to enlarge.

• Feb 13 03:00 – 19:00 – Strong activity across BTC and ETH, with SOL and XRP also lighting up. Majors lead.

• Feb 14 11:00 – Feb 15 03:00 – Broad participation spike; multiple majors flash hot simultaneously.

• Feb 16 11:00 – Feb 17 03:00 – Concentrated hotspot across BTC/ETH and select alts (notably PIPPIN shows repeated bursts).

• Feb 17 19:00 – Feb 18 11:00 – Another multi-row cluster, but less intense than earlier in the week.

• Feb 19 03:00 – 19:00 – Cooling trend. Fewer cells hitting high-intensity colors.

Some Interesting Insights 👓️ 

• Both sides weren’t cleaned evenly. Longs took the beating, over and over.

• Participation peaked late in the move, not at the start. Classic positioning unwind.

• Liquidation spikes lined up tightly with price rejection, not headlines.

• When price fell and liquidations rose together, leverage wasn’t resetting. It was compounding.

• Early warning rule worked again: rising liquidations without bounce equals more downside.

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