OVERVIEW

Stocktwits Crypto Data Dive - Week 28

Welcome to the Stocktwits Crypto Data Dive for Week 28 of 2025! 📊

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 28 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: $3.62 trillion

• YTD: +10%

• From ATH: -2%

Altcoin Market Cap

• All-Time High: $1.63 trillion

• YTD: -6%

• From ATH: -20%

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Total Market Cap (TMC) Performance For 2025

CRYPTO
Crypto Index Performance For 2025

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.

• Yellow line = BTC price for context.

• June 11 - June 12 - roughly $600M in longs vaporized two days running as BTC slid on macro jitters.

• June 19 - June 21 - another $900M in long liquidations tied to hawkish Fed chatter.

• June 23 - about $350M in shorts torched on a snap-back rally.

• July 1 - $300 M shorts hit as month-end window dressing pushed BTC higher.

• July 9 - July 10 - biggest print of the stretch: $1B in shorts nuked when BTC spiked toward $120K.

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.

• July 4 - surprise payrolls beat: BTC ~1,500 liquidations, ETH 1,200.

• July 5 - July 6 - meme mayhem: 1000 BONK posts orange cells (>1,300 head-count).

• July 8 - ETH, SOL, BTC all hit yellow/orange (>1,400) during an ETH/BTC ratio unwind.

• July 9 - wall-to-wall orange: BTC touches the 2 000-count cap; nearly every top-20 coin sees >800 liquidations as BTC’s breakout accelerates.

• July 10 - follow-through in alts: XRP, AVAX, WIF each top 1 000 head-count while majors cool back to green.

Some Interesting Insights 👓️ 

Leverage roulette is speeding up: Two $1B-scale liquidations in 30 days show both sides over-bet and re-lever quickly.

Head-count spikes keep climbing: Heat-map ceiling jumped from 1,200 last month to 2,000, and it got tagged twice this week.

Macro still pulls the trigger: Payrolls beat, Fed chatter, and BTC’s technical breakout lined up within minutes of every orange column - ignore the news cycle at your peril.

Early-warning rule holds: When BTC or ETH cells flip yellow, alt-coin cells light up soon after-trim risk on that signal.

Practical cue: Any day with more than $600M liquidated or any timestamp with over 1,500 forced closes has, for three straight months, been followed by a counter-move that hunts the opposite side’s stops inside 48 hours. Size trades like you actually want to keep your collateral. 🧠 

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HEATMAP
Total Crypto Market Heatmap 🌡️

Social Volume Heatmap 🗨️

Active Addresses Heatmap 📫️

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BTC ETF HODLINGS 🧲

CRYPTO
ETH ETF HODLINGS 🔐

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