OVERVIEW

Stocktwits Crypto Data Dive – Week 9

Welcome to the Stocktwits Crypto Data Dive for Week 9 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 9 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: -23%

• From ATH: -45%

Click to enlarge.

Altcoin Market Cap

• All-Time High: $1.73 trillion

• YTD: -21%

• From ATH: -45%

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 – The Most Beautifully Stupid Thing That Happened In Crypto Happened On Sunday 💇

Tuesday – Analysts Say ‘Capitulation Hasn’t Happened Yet,’ Which Is Wild Because I Definitely Felt Something Leave My Body 👻

Wednesday – Watching The Rally From A Safe Emotional Distance Like It’s An Ex Who Texted 🏃‍♂️

Thursday – Insider Trading Story About Insider Trading Had Its Own Insider Trading 🤔

Friday – Therapist Asked How I’m Coping, I Showed Her My Screen Time Report And She Kicked Me Out 🚪

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.

CRYPTO
Weekly Total Market Cap (TMC) Performance

CRYPTO
Weekly Crypto Index Performance

STOCKTWITS
Latest Stocktwits Podcasts & Videos 😱

The Latest Cryptotwits Podcast – Jane Street, Terra, and the “10AM Flush” Rumor: What’s Really Going On?

The Howard Lindzon Show – Five Hindenburg Omens + AI Taking Over-What’s Actually Happening

True Odds Podcast – Discipline Trades, AI Panic, WBC Futures, and Random Markets

Retail Edge –Is PayPal About to Be Acquired?

Talking Tickers – Meta’s CapEx, Palantir’s “Unbelievable” Valuation, and Nike’s Turnaround Path

StocktwitsTV – Tom Sosnoff Unveils Lossdog: Fixing Wage Inequity With a Trading Style Platform

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

Boardroom Exclusives – Boxabl CFO Martin Noe Costas: How They’re Mass Producing Homes Like iPhones

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 30 – Massive long cluster building into a $2B+ liquidation event as structure breaks.

• Jan 31 – Feb 1 – Continued heavy long liquidation pressure, still north of $1B class damage.

• Feb 4 – Feb 5 – Another sharp long wipe paired with a violent price dip into the low $60Ks.

• Mid-Feb (around Feb 18-20) – Noticeably smaller liquidation bars. Leverage already reduced.

• Feb 24-25 – Shorts take a hit (~$400M-$600M range) during a bounce attempt, but it’s contained.

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 20 – Feb 21 – Majors (BTC/ETH) show moderate activity, but not saturation-level clusters.

• Feb 22 – Feb 23 – Slight broadening into alts (SOL, XRP) during bounce attempts.

• Feb 24 03:00 – 19:00 – Most visible hotspot of the week; majors light up simultaneously.

• Feb 25 – Feb 26 – Scattered spikes across mid-caps, but intensity remains below late-January extremes.

• Feb 27 – Cooling across rows. Few high-saturation cells.

Some Interesting Insights 👓️ 

• The monthly chart shows the major leverage purge already happened earlier in the window.

• The weekly heat-map confirms stabilization rather than escalation.

• Liquidation magnitude declined as price stopped accelerating lower.

• Longs absorbed the structural damage; shorts experienced tactical pain only during bounces.

• The market moved from violent deleveraging → controlled digestion.

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