ExxaBlock Daily Cryptocurrency Market Report

Jan-3–2021

CRYPTOCURRENCY CAPITAL MARKETS OVER LAST 24 HOURS

Bitcoin market capitalization decreases −2.65% from $628,233,145,655 to $611,554,856,585. Altcoin market capitalization in- creases 12.85% from $227,833,470,528 to $257,110,084,266. The former is 2.38 times as large as the latter. Of the measured exchanges, daily market trade volume of Bitcoin and Ethereum decreases -0.71% in spot markets; increases 17.06% in future mar- kets; decreases -1.31% in option markets; and increases 14.27% in perpetual swap markets. Perpetual Swap generates the largest trade volume $40,987,959,840(72.43%). Future, spot and option produces $11,219,972,112(19.83%), $2,908,992,219(5.14%) and $1,474,798,598(2.61%), respectively.

SPOT MARKETS

Of the measured exchanges, BTC/USD spot price moves up 4.52% to $33,298.01 with the daily volume of $22,944,721,076. BTC/USD price is the highest on Gemini ($33,382.5) and the lowest on Kraken ($33,323.6). 24-Hour VWAP price is $33,448.85. ETH/USD price moves up 27.74% to $984.94 with the daily volume of $15,480,485,297. Top 5 highest trade volumes per price level are 959.985 at 33,000, 891.145 at 34,000, 649.764 at 33,900, 614.921 at 33,500, and 569.367 at 33,300.

ETH/USD price is the highest on Coinbase Pro ($987.55) and the lowest on Independent Reserve ($978.69). 24-Hour VWAP price is $888.12. Coinbase Pro dominates the spot markets. It generates 41.27% of BTC/USD trade volume and 39.94% of ETH/USD trade volume. Top 5 highest trade volumes per price level are 30,828.188 at 800, 18,946.221 at 950, 16,541.922 at 910, 15,637.442 at 868, and 15,560.721 at 955.

OPTIONS MARKETS

BTC/USD options generate $4,477,397,424(C) and $4,477,397,424(P) open interest volumes — Deribit ($3,920,008,632(C) and $2,686,950,367(P)), OKEx ($294,542,785(C) and $260,798,641(P)), Bitcom ($146,105,850(C) and $255,590,337(P)), LedgerX ($116,740,157(C) and $11,395,353(P)), Total Call/Put Ratio is 1.39. Call contracts expiring at 2021–01–29 and 2021–03–26 produce $1,996,939,722 and $748,787,666. They hold 44.60% and 16.72% of call open interest volumes, respectively. Put contracts expir- ing at 2021–01–29 and 2021–01–08 produce $798,964,977 and $696,977,265. They hold 24.85% and 21.68% of put open interest volumes, respectively. Call strike prices at 36,000 and 52,000 produce $732,976,905 and $440,252,358. They hold 16.37% and 9.83% of call open interest volumes, respectively. Put strike prices at 20,000 and 22,000 produce $347,673,918 and $192,800,850. They hold 10.82% and 6.00% of put open interest volumes, respectively. In a contract level, BTC-29JAN21–36000-C and BTC- 29JAN21–52000-C at Deribit produce $593,028,450 and $593,028,450. They hold 13.24% and 8.61% of call open interest volume. BTC-29JAN21–20000-P and BTC-8JAN21–20000-P at Deribit produce $113,237,530 and $113,237,530. They hold 3.52% and 2.17% of put open interest volume.

ETH/USD options generate $599,277,539(C) and $470,678,061(P) open interest volumes — Deribit ($592,582,665(C) and $464,593,296(P)), OKEx ($6,694,874(C) and $6,084,765(P)), Total Call/Put Ratio is 1.27. Call contracts expiring at 2021–03–26 and 2021–01–29 produce $132,482,578 and $95,788,774. They hold 22.11% and 15.98% of call open interest volumes, respectively. Call strike prices at 480 and 400 produce $43,094,011 and $37,973,056. They hold 7.19% and 6.34% of call open interest volumes, respectively. Put strike prices at 400 and 280 produce $48,745,449 and $34,844,152. They hold 10.36% and 7.40% of put open interest volumes, respectively. In a contract level, ETH-25JUN21–320-C and ETH-24SEP21–480-C at Deribit produce $22,020,578 and $22,020,578. They hold 3.67% and 3.07% of call open interest volume. ETH-25JUN21–400-P and ETH-26MAR21–200-P at Deribit produce $24,612,394 and $24,612,394. They hold 5.23% and 3.58% of put open interest volume.

FUTURES MARKETS

BTC/USD futures generate $3,950,626,106 open interest volume — CME ($1,599,350,950), OKEx ($1,192,103,000), Deribit ($309,610,140), Binance ($305,378,600), FTX ($274,013,909), BitMEX ($263,834,438), and Huobi ($6,335,069). CME and OKEx hold 40.48% and 30.18%, respectively, of all open interest volume. Future contracts expiring at 2021–03–26 show the largest open interest — $1,756,407,463. They hold 44.46% of the whole open interest volume. In a contract level, BTCF21 at CME reveals the largest open interest volume — $1,142,341,875. It holds 28.92% of the whole open interest volume.

ETH/USD futures generate $413,330,021 open interest volume — OKEx ($250,479,790), Binance ($61,095,150), Deribit ($45,925,729), FTX ($35,491,078), Huobi ($18,743,447), and BitMEX ($1,594,827). OKEx and Binance hold 60.60% and 14.78%, respectively, of all open interest volume. Future contracts expiring at 2021–03–26 show the largest open interest — $288,924,448. They hold 68.88% of the whole open interest volume. In a contract level, ETH-USD-210326 at OKEX reveals the largest open interest volume — $161,562,830. It holds 38.52% of the whole open interest volume.

WEEKLY CHANGE IN CME Commitment of Traders (COT)

At the week starting at 2020–12–21, CME options and futures combined positions are 11,705 and 2,662 in long/short and spreading positions. Long/short and spreading open interests hold 81.50% and 18.50%, respectively. There are number of traders in 79, 17, and 25 in long, short, and spreading sides, respectively.

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EXXABLOCK, INC. 2021