Coinbase Institutional 🛡️ (@CoinbaseInsto): Sentiment shifts
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Sentiment shifts → Trading activity expanded for a second consecutive month in September, while the build in open interest (OI) slowed materially. → Spot, perp, term futures, and options volumes all rose month over month, with options turnover reaching its highest level since November 2025 → Perp and term futures OI rose 4% and 12%, respectively, slowing from 15% and 18% in August, while options OI fell 4% → Bottom line: the market traded the move more actively without adding leverage at August's pace. Options Volumes (Daily Average of Each Month)