Crypto market today — BTC $78,705 (-0.03%) · premium +0.57% · 164 up vs 89 down · 27 Aug

The past 24 hours (measured by AntProfit · as of 08:30 on 27 Aug KST)

These numbers are not borrowed from other outlets — we read them directly from 21 exchanges.

A funding rate at the 0.01% baseline means longs are not crowding the futures market. And a premium near zero means both sides run at a similar temperature. With far more gainers than losers, the market moved together today.

Biggest gainers and losers (24h)

We count only coins with at least $10M turnover listed on three or more exchanges (this keeps single-venue pumps and scam tokens out). Prices come from the largest venue by turnover; turnover from the largest spot venue.

Biggest gainers

Biggest losers

Where the money went (turnover far above a week ago)

• XRP $1.41 (-2.32%) — spot turnover $236.1M, 10.7x a week ago
• SUPER $0.1113 (-1.78%) — spot turnover $1.3M, 10.4x a week ago
• ZRO $1.17 (-2.99%) — spot turnover $12.7M, 9.5x a week ago

If turnover jumps while the price does not, someone large may be accumulating or exiting — check the order book on the coin page.

Kimchi premium right now

The kimchi premium (the price gap between Korean and overseas exchanges) is +0.57% — 24h average +0.57%, range +0.28% to +0.72%. Korea is slightly more expensive = normal domestic demand.

Coins with the widest gaps in our latest scan (one row per coin):

• ONG premium — MEXC $0.1698 · Bithumb $0.2185 — 28.73% apart
• BICO premium — Phemex $0.0210 · Bithumb $0.0244 — 15.99% apart
• ARB premium — Poloniex $0.0895 · Upbit $0.0920 — 2.82% apart

Read these gaps after fees, transfer time and FX. They are not an arbitrage call — they are a thermometer for which side of the market runs hotter.

Funding-rate skew (which way futures lean)

The funding rate is a fee that passes periodically between longs and shorts in perpetual futures. Positive means longs pay shorts; the further it drifts from the 0.01% baseline, the more crowded one side is.

• BTC 0.0042% per 8h (about 0.01% a day) — At the baseline = longs are not crowded
• ETH 0.01% per 8h (about 0.03% a day) — At the baseline = longs are not crowded
• ONG a lot of money is betting it falls — holding leverage costs about 48% a day (Gate.io)
• BICO a lot of money is betting it falls — holding leverage costs about 5.05% a day (OKX)

A holding cost this wide is not an income opportunity — it is a signal that one side is badly crowded. On such coins, price swings dwarf the fee.

Yesterday's main stories

1. US Treasury Doubles Bond Buyback Program Amid Currency Debasement Concerns

On August 26, 2026, the US Department of the Treasury announced that it will double the maximum size of its long-term government bond buyback (repurchase) program to $4 billion per session.

This move triggered concerns over a weaker US dollar and fiat currency debasement, driving strong buying pressure into Bitcoin and gold as investors sought hedges (alternative assets to protect value).

2. Bitcoin Briefly Surpasses $81,000 Triggering Massive Short Squeeze Before Pullback

On August 26, 2026, strong spot demand and a short squeeze (forced liquidation of bearish bets) temporarily pushed Bitcoin past the $81,000 mark, marking a three-month high. This movement liquidated approximately $566 million in crypto positions within 24 hours, including $331 million in short positions.

Following the peak at $81,000, profit-taking and leverage shakeouts caused Bitcoin to pull back to the mid-$78,000 range to catch its breath.

3. Bernstein Reaffirms Bullish Long-Term Bitcoin Price Targets

On August 26, 2026, Gautam Chhugani and his analyst team at global investment bank Bernstein released a client note outlining their long-term outlook for Bitcoin.

The report supported long-term market optimism by maintaining a base target of $125,000 by the end of 2026 and $150,000 by mid-2027, with potential upside to $200,000 by mid-2027 and $500,000 by 2029 under a scenario of rising government debt and currency debasement.

What to watch today and this week

1. 27 Aug (Thu) - 28 Aug (Fri) KST — Bitcoin Asia 2026 Conference in Hong Kong. This event brings together institutional investors, developers, and mining industry leaders from the Asia-Pacific region to discuss Bitcoin adoption and infrastructure.
2. 28 Aug (Fri) 09:00 KST — Large-scale token unlock for the SIGN project. The project will unlock 207.78 million SIGN tokens, valued at approximately $3.63 million, which may impact market supply.
3. 01 Sep (Tue) KST — Ripple's monthly escrow release of 1 billion XRP. While Ripple typically re-freezes a large portion of the unlocked tokens back into escrow, the release could lead to short-term supply fluctuations.
4. 01 Sep (Tue) KST — Permanent closure of the TON Legacy Cross-Chain Bridge (v3). Users holding Wrapped TON on Ethereum or BNB Smart Chain, or j-tokens on the TON network, must swap their assets back to the original chains before this deadline to prevent permanent loss of funds.
5. 03 Sep (Thu) KST — Major token unlocks for SUI and Wormhole (W). Sui will unlock approximately $33 million worth of tokens, while Wormhole will unlock community tokens worth about $627,000, potentially increasing short-term market volatility.

Volatility often picks up around these dates. Simply knowing when they land helps you avoid being caught off guard.

Newly listed (past 3 days)

• DEBIT — on 5 exchanges, spot turnover $2.8M
• PISTACIO — on 3 exchanges, spot turnover $5.2M
• TMX — on 5 exchanges, spot turnover $7.8M
• BNBCAT — on 3 exchanges, spot turnover $679.5K
• DGAI — on 5 exchanges, spot turnover $55.9M

Newly listed coins have short price histories and swing hard day to day. If the name is unfamiliar, start with the exchange count and turnover on the coin page.

This wrap is compiled automatically every morning. The numbers are read directly from 21 exchanges by AntProfit; stories and dates are included only when the source checks out. Nothing here recommends a trade.