Leverage got crushed, ETFs bled, and October closed red for bitcoin. A couple of names still managed to swim upstream.

MoneyTurkey Crypto Desk | Weekend wrap, 1 November 2026

Key points

• Bitcoin steadied near $77,900 after the Binance theft shakeout, but October closed down 7.22% as $1.57 billion of futures were liquidated and US spot bitcoin ETFs lost $643 million in a day.
• Hyperliquid (HYPE) jumped about 15% on an ICE and Trade[XYZ] perpetuals tie-up, while Stacks (STX) led the top 200 with no clear catalyst.

Sunday looked calmer after a week that mostly belonged to the Binance theft. Bitcoin was near $77,900 around 11:20 GMT — up about half a percent on the day, still roughly 3.5% lower over five sessions.

The majors

Bitcoin took the clearest bruise on the 30th: about 4.1% down to $77,446 (CNBC), with an intraday poke near $76,190. The October candle on Binance closed down 7.22%, from $83,624 to $77,582 — a second red October in a row. Over the weekend it mostly chopped in a ~$900 band.

Ether slid 4.4% to $2,229.50 on the 30th, then crawled back toward $2,264 by Sunday morning; still about 3.6% soft over five sessions. BNB was the ugly one among the large caps — down 6% to $701 on the scare, then hovering near $705. Solana sat around $95.40, down about 4.9% over five sessions, with CoinDesk flagging a 13.3% drop in SOL futures open interest. XRP barely blinked near $1.25.

Whole-market value slipped 2.5% to about $2.63 trillion on Saturday; bitcoin’s share was 59.2% (Dextape).

Liquidations and derivatives

This was a forced flush. CoinDesk put futures liquidations at $1.57 billion — about four times the usual pace — with $522 million in bitcoin and $361 million in ether. Open interest fell 3% to $136.3 billion. Options desks bought protection: five of the six most-traded bitcoin contracts were puts below the market, led by the $74,000 strike for 13 November. In ether, the $2,000 put did more than twice the volume of anything else.

ETF flows

US spot bitcoin ETFs lost $643.33 million on 30 October, snapping four days of inflows. IBIT led the exit ($233.7 million), then FBTC ($201.0 million) and ARKB ($129.6 million). Ether products lost another $155.9 million — call it roughly $799 million combined. BigGo called it the biggest daily bitcoin-ETF outflow since June.

Names that didn’t follow the tape

Hyperliquid (HYPE) went the other way. It jumped about 15% on the 29th, toward $91.21, after NYSE owner Intercontinental Exchange said it would work with Trade[XYZ] on Hyperliquid-based perpetual futures in the US, pending regulators, and take a stake in Trade[XYZ] (The Block).

“We’ve seen a clear increase in retail participation in markets… with retail traders increasingly seeking short-duration exposure, often around the clock,” ICE CEO Jeffrey Sprecher said. Stanley Druckenmiller — in what The Block said was his first post on X — wrote: “I am excited to be an investor in trade(xyz) as they partner with ICE to bring 24/7 perpetual futures on Hyperliquid to the United States.” Some of that pop faded over the weekend.

Stacks (STX) topped the top-200 leaderboard on Saturday, up somewhere between 11% and 16% depending who you ask, to around $0.31. There’s no clean catalyst — weekend books are thin — and the “bitcoin staking / get off CEX rails” chatter is mostly commentary. Treat it as noise until Monday proves otherwise.

On the downside, Akedo dropped 37.5%, the worst in the top 200 (Dextape). TRX was among the softer large names.

Elsewhere on the tape

Coinbase printed third-quarter net income up 66% year on year to $719 million, even as revenue fell 35% to $1.22 billion. Prediction markets crossed $200 million in annualized revenue, The Block said.

What to watch

• Binance’s proof-of-reserves update on Monday, 2 November
• Whether ETF outflows keep going when US books reopen
• Whether bitcoin can turn the $78,000 area into something that holds
• Whether HYPE and STX keep any of the weekend gains once real liquidity returns

For information only. Not investment advice.

Sources:

• https://www.cnbc.com/2026/10/30/bitcoin-ether-price-binance-security-scare-rattles-crypto-markets.html
• https://www.coindesk.com/markets/2026/10/30/crypto-liquidations-jump-to-usd1-57-billion-as-binance-hack-sends-bitcoin-ether-lower
• https://finance.yahoo.com/quote/BTC-USD/history/
• https://www.marketalleys.com/post/marketalleys-daily-brief-2026-11-01
• https://www.coindaro.com/bitcoin-price-today-october-close-1-november/
• https://dextape.com/reports/2026-10-31
• https://www.cryptotimes.io/2026/10/31/bitcoin-and-ether-etfs-lose-nearly-800m-amid-6-3b-binance-hack-fallout/
• https://finance.biggo.com/news/d23b0917-c669-4d05-8a54-204f44ea0ffa
• https://www.theblock.co/news/business/2026-10-29-ice-tradexyz-hyperliquid-perpetual-futures-us-432132
• https://coinpedia.org/price-analysis/stacks-price-rallies-as-bitcoin-staking-gains-traction-what-comes-next/
• https://www.theblock.co/newsletters/the-daily/2026-10-31-binance-hack-more-crypto-news-432243