Crypto market today — BTC $75,232 (-0.57%) · premium -0.25% · 167 up vs 73 down · 10 Nov

The past 24 hours (measured by AntProfit · as of 08:30 on 10 Nov 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)

• SKDD $10.37 (-12.83%) — 8.2x a week ago
• CYBER $0.2595 (-5.15%) — spot turnover $3.6M, 7.7x a week ago
• ICNT $0.3227 (-0.08%) — spot turnover $3.6M, 7.6x 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 -0.25% — 24h average -0.16%, range -0.62% to +1.08%. Korean and overseas prices are nearly the same.

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

• ZIL premium — Binance $0.001655 · Upbit $0.00204713 — 23.69% apart
• VVV premium — Bitrue $20.91 · Upbit $21.65 — 3.53% apart
• INIT premium — Bybit $0.1822 · Bithumb $0.1885 — 3.47% 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 0.01% per 8h (about 0.03% a day) — At the baseline = longs are not crowded
• ETH 0.008% per 8h (about 0.02% a day) — At the baseline = longs are not crowded
• EDGE a lot of money is betting it falls — holding leverage costs about 11.46% a day (Gate.io)
• INIT a lot of money is betting it falls — holding leverage costs about 8.36% a day (Bybit)

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. Crypto Market Fails to Join US Stock Rally as Liquidations Surge

On November 9, major US stock indices rebounded strongly, with the Nasdaq rising about 3%, but the cryptocurrency market failed to gain upward momentum. Bitcoin (BTC) hovered between $74,162 and $74,500, while Ethereum (ETH) remained weak. According to Coinglass data, between $1 billion and $1.2 billion in leveraged derivatives positions were liquidated over the past 24 hours, with over 90% (about $1.04 billion) being long positions (bets that prices would rise).

This wave of forced liquidations kept prices near their lowest levels since August, with Bitcoin dropping to around $73,500 and Ethereum to around $2,060 before slight rebounds.

2. Spot Bitcoin ETFs Record Massive Weekly Outflows

Reports published on November 9 showed that US spot Bitcoin ETFs experienced total net outflows of $1.28 billion over the past week. BlackRock's IBIT accounted for the vast majority of these withdrawals, seeing approximately $1.21 billion leave the fund.

The sustained capital outflows signaled weakening demand and a wait-and-see stance among institutional investors, acting as a key factor suppressing market prices.

3. Fitch Ratings Highlights Market Resilience After Binance Hack

On November 9, credit rating agency Fitch Ratings released a report analyzing the October 29 hack of cryptocurrency exchange Binance, which resulted in the theft of about $6.3 billion worth of assets. Fitch noted that Bitcoin's price drop of about 6% within 10 hours of the report was far more stable compared to historical market shocks like the COVID-19 panic (-35%) or the FTX bankruptcy (-14%).

The assessment suggested that diversification in the crypto exchange ecosystem has reduced liquidity damage caused by risks at any single exchange.

4. Regulatory Concerns Persist Following US Midterm Election Results

Following the US midterm elections on November 3, in which the Democratic Party secured a majority in Congress, media outlets including Reuters and CNA reported on November 8 and 9 that concerns over strict regulatory guidelines are spreading across the market.

Uncertainty surrounding potential legislative changes has continued to serve as a broader downside factor for cryptocurrency prices.

What to watch today and this week

1. 10 Nov (Tue) 22:30 KST — Release of the October US Consumer Price Index (CPI) by the Bureau of Labor Statistics. This key macroeconomic indicator provides direction for the Federal Reserve's interest rate policy and directly influences risk assets like cryptocurrencies.
2. 10 Nov (Tue) 18:00 KST — Scheduled maintenance and Open Interest disclosure delay system update on Deribit. Following a 45-minute maintenance window, an 8-hour delay will be applied to the display of block RFQ trades and major open interest data.
3. 13 Nov (Fri) 22:30 KST — Release of the October US Producer Price Index (PPI) by the Bureau of Labor Statistics. This macroeconomic inflation metric serves as an additional signal for evaluating broader economic trends.

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

Newly listed (past 3 days)

• NIUBI — on 3 exchanges, spot turnover $707.9K

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.