Global #Open Interest

The memecoin dogwifhat (WIF) is at a critical juncture, with conflicting signals from its spot and futures markets.

Recent market volatility has seen the total crypto market cap drop by approximately $220 billion since August 14, with Bitcoin (BTC) and Ethereum (ETH) experiencing significant outflows.

After a recent dip in the broader crypto market, Aerodrome Finance's native token, AERO, saw its price climb 4% in the last 24 hours. However, this rally appears to be on shaky ground.

Chainlink (LINK) is holding steady around the $21.70 mark, with bullish signs pointing to a potential rally. The optimism is fueled by several factors, including major investors, or "whales," buying up tokens and a tightening supply on exchanges.

Cardano (ADA) has experienced a notable surge, gaining 2.87% in the past 24 hours and a substantial 26.86% over the week.

Bonk (BONK) is extending its impressive bullish momentum, trading around $0.000027 on Tuesday after a significant nearly 20% rally over the past week.