{"report":{"slug":"crypto-market-weekly-week-43-2026","month":"2026-W43","kind":"weekly","periodName":"Week 43, 2026","periodStart":"2026-10-17","periodEnd":"2026-10-23","status":"published","title":"Crypto Market Weekly, Week 43 2026: Bitcoin Gains 0.4% to $81,368","seoTitle":"Crypto Market Weekly, Week 43 2026: BTC Closes at $81,368","metaDescription":"Bitcoin rose 0.4% to $81,368 in Week 43, 2026 while the Cycle Score sat at 39/100. See ETF flows, derivatives, whale positioning and macro dates.","faq":[{"q":"How did Bitcoin perform in the week of October 17 to 23, 2026?","a":"Bitcoin gained 0.4% in the week of October 17 to 23, 2026, closing at $81,368, with total crypto market cap at $2.74T at week end."},{"q":"How much did US spot Bitcoin ETFs take in during the week of October 17 to 23, 2026?","a":"US spot Bitcoin ETFs recorded +$357M of net inflows in the week of October 17 to 23, 2026, with 3 of 5 trading days positive."},{"q":"What was the Cryptohub Macro Cycle Score at the end of the week of October 17 to 23, 2026?","a":"The Cryptohub Macro Cycle Score ended the week of October 17 to 23, 2026 at 39/100 (Lower Mid-Range), up 3 points from the end of the previous week. The score describes where the market sits between historical cycle extremes, not which way it is heading."},{"q":"How much Bitcoin was liquidated in the week of October 17 to 23, 2026?","a":"$0.5B of BTC positions were liquidated, mostly longs (61% long)."},{"q":"What happened to Bitcoin exchange balances in the week of October 17 to 23, 2026?","a":"BTC held on exchanges rose by 48,370 BTC in the week of October 17 to 23, 2026 to 2,521,664 BTC."},{"q":"How much value was locked in DeFi at the end of the week of October 17 to 23, 2026?","a":"Total value locked in DeFi stood at $90.09B at the end of the week of October 17 to 23, 2026, with $52.65B of DEX volume over the week."},{"q":"Where were US rates and yields at the end of the week of October 17 to 23, 2026?","a":"The effective Fed funds rate ended the week of October 17 to 23, 2026 at 3.88% and the US 10-year yield at 4.96%. 8 key US data releases and rate decisions are scheduled for the next two weeks."}],"summary":["Bitcoin gained 0.4% to $81,368 while total crypto market cap finished at $2.74T.","The Cryptohub Macro Cycle Score ended the week at 39/100, in the Lower Mid-Range.","US spot Bitcoin ETFs recorded $357M of net inflows, including a $636M outflow on October 22.","BTC open interest rose 2.01% to $53.58B, with $0.5B of positions liquidated.","Graded whale wallets on Hyperliquid held 24 open positions with a net notional of -$137M."],"intro":"Bitcoin finished the week of October 17 to 23 almost where it started, but the path was uneven. It stood at $84,408 on October 21, then fell to $81,255 on October 22. That day also brought a $636M outflow from US spot Bitcoin ETFs and the week's largest day of BTC liquidations at $136M.\n\nBitcoin gained 0.4% to $81,368, Ether slipped 0.14% and Solana added 1.01%. Total crypto market cap stood at $2.74T. The Cryptohub Macro Cycle Score read 39/100, US spot Bitcoin ETFs took in $357M net, and Fear & Greed ended at 51.","sections":[{"id":"market-overview","title":"Bitcoin and crypto market performance in Week 43, 2026","chart":"line-pct","headline":"Bitcoin gained 0.4% in the week of October 17 to 23, 2026, closing at $81,368, with total crypto market cap at $2.74T at week end.","metrics":[{"label":"Total crypto market cap (week end)","value":2.74,"unit":"$T","change":-0.31,"changeLabel":"% over week"},{"label":"BTC dominance (week end)","value":59.4,"unit":"%","change":0,"changeLabel":"pts over week"},{"label":"ETH dominance (week end)","value":10.6,"unit":"%"},{"label":"BTC return (Week 43, 2026)","value":0.4,"unit":"%"},{"label":"ETH return (Week 43, 2026)","value":-0.14,"unit":"%"},{"label":"SOL return (Week 43, 2026)","value":1.01,"unit":"%"},{"label":"Altcoin Season Index (week end)","value":62,"unit":"/100"}],"series":[{"label":"BTC","points":[["2026-10-16",81701.86],["2026-10-17",81283.79],["2026-10-18",81702.45],["2026-10-19",81983.94],["2026-10-20",83028.69],["2026-10-21",84408.33],["2026-10-22",81255.4],["2026-10-23",81368.36]]},{"label":"ETH","points":[["2026-10-16",2422.81],["2026-10-17",2391.44],["2026-10-18",2393.63],["2026-10-19",2404.85],["2026-10-20",2453.68],["2026-10-21",2482.74],["2026-10-22",2382.15],["2026-10-23",2399.9]]},{"label":"SOL","points":[["2026-10-16",104.32],["2026-10-17",102.96],["2026-10-18",103.78],["2026-10-19",105.1],["2026-10-20",106.79],["2026-10-21",107.39],["2026-10-22",103.23],["2026-10-23",103.97]]}],"table":{"columns":["Asset","Open","Close","High","Low","Return %"],"rows":[["BTC",81041.41,81368.36,84777.79,80814.25,0.4],["ETH",2403.21,2399.9,2513.51,2335.57,-0.14],["SOL",102.93,103.97,108.56,100.75,1.01]]},"notes":["Prices run from the previous Friday's US stock market close to this Friday's close. Market cap and dominance are from the snapshot taken at the Friday close."],"sources":["CoinGecko","CoinGlass"],"confidence":"high","prose":"Bitcoin gained **0.4%** in the week, closing at $81,368 against an open of $81,041. Total crypto market cap stood at $2.74T, down 0.31% over the week, while BTC dominance held at 59.4%, unchanged. ETH dominance was 10.6% and the Altcoin Season Index read 62/100.\n\nBitcoin traded between a low of $80,814 and a high of $84,778. It stood at $83,029 on October 20 and $84,408 on October 21, then $81,255 on October 22. Ether closed at $2,399.90, down 0.14%, after a high of $2,513.51. Solana closed at $103.97, up 1.01%, with a weekly range of $100.75 to $108.56. Both followed the same midweek rise and drop as Bitcoin."},{"id":"macro-cycle","title":"Cryptohub Macro Cycle Score for Week 43, 2026","chart":"line","headline":"The Cryptohub Macro Cycle Score ended the week of October 17 to 23, 2026 at 39/100 (Lower Mid-Range), up 3 points from the end of the previous week.","metrics":[{"label":"Score at week end","value":39,"unit":"/100","change":3,"changeLabel":"vs previous week end"},{"label":"Week average","value":40,"unit":"/100"},{"label":"Week high","value":48,"unit":"/100","changeLabel":"October 22, 2026"},{"label":"Week low","value":35,"unit":"/100","changeLabel":"October 17, 2026"},{"label":"BTC at week end (score date)","value":81638,"unit":"$"}],"series":[{"label":"Cycle score","points":[["2026-10-17",35],["2026-10-18",35],["2026-10-19",36],["2026-10-20",43],["2026-10-21",44],["2026-10-22",48],["2026-10-23",39]]}],"table":{"columns":["Dimension","Score (week end)","Change over week"],"rows":[["institutional",50,45.9],["leverage",36.4,-7.6],["crossmarket",45.6,6.8],["onchain",39.9,6],["sentiment",58.1,-3.2],["retail",24.4,-2.4],["rotation",40.9,-1],["mining",50.5,0.2],["structure",20,0],["cycle",26.7,0]]},"extra":null,"notes":["The score measures position between historical cycle extremes (0 = extreme low, 100 = extreme high). It describes where the market sits, not which way it is heading, and it is not a trading signal.","Read directly from the Trading God system that powers the Discord and the Markets dashboard, so the figures match everywhere."],"sources":["Cryptohub Macro Cycle Indicator (42 indicators, 10 dimensions)"],"confidence":"high","prose":"The Cryptohub Macro Cycle Score ended the week at **39/100**, labeled Lower Mid-Range, up 3 points from the end of the previous week. The week average was 40. The score reached a low of 35 on October 17 and a high of 48 on October 22.\n\nAmong the ten dimensions, institutional stood at 50 with a change of 45.9 over the week, and crossmarket at 45.6 with a change of 6.8. On-chain read 39.9, up 6. Leverage read 36.4, down 7.6, and sentiment read 58.1, down 3.2. Retail stood at 24.4, structure at 20 and cycle at 26.7. Those last three dimensions sit in the lower part of their ranges."},{"id":"etf-flows","title":"Spot Bitcoin and Ether ETF flows in Week 43, 2026","chart":"bar","headline":"US spot Bitcoin ETFs recorded +$357M of net inflows in the week of October 17 to 23, 2026, with 3 of 5 trading days positive.","metrics":[{"label":"BTC spot ETF net flow","value":357,"unit":"$M"},{"label":"ETH spot ETF net flow","value":-295,"unit":"$M"},{"label":"SOL spot ETF net flow","value":-30,"unit":"$M"},{"label":"XRP spot ETF net flow","value":2,"unit":"$M"},{"label":"Largest single day (BTC)","value":-636,"unit":"$M","changeLabel":"October 22, 2026"},{"label":"BTC ETF net assets (week end)","value":149.7,"unit":"$B","change":0.29,"changeLabel":"% over week"}],"table":{"columns":["ETF","Net flow ($M)","Positive days","Trading days","Largest day ($M)"],"rows":[["BTC",357,3,5,-636],["ETH",-295,1,5,-111],["SOL",-30,1,5,-13],["XRP",2,2,5,4]]},"series":[{"label":"BTC daily net flow ($M)","points":[["2026-10-16",-82.4],["2026-10-19",526.7],["2026-10-20",23.2],["2026-10-21",524.8],["2026-10-22",-635.6]]},{"label":"ETH daily net flow ($M)","points":[["2026-10-16",-69.7],["2026-10-19",-103.3],["2026-10-20",-26.1],["2026-10-21",14.9],["2026-10-22",-110.6]]}],"notes":["Daily net flows of US spot ETFs in millions of USD.","Trading days October 16, 2026 to October 22, 2026: Friday's flows are published after the US close and are counted in the next weekly report."],"sources":["CoinGlass"],"confidence":"high","prose":"US spot Bitcoin ETFs recorded **$357M** of net inflows in the week, with 3 of 5 trading days positive. Inflows of $526.7M on October 19 and $524.8M on October 21 were followed by the largest single-day move of the week, an outflow of $636M on October 22. BTC ETF net assets stood at $149.7B, up 0.29% over the week.\n\nEther funds saw net outflows of $295M, with only 1 of 5 days positive and a largest day of -$111M. Solana ETFs recorded net outflows of $30M. XRP ETFs took in $2M net and were positive on 2 of 5 days, with a largest day of $4M."},{"id":"derivatives","title":"Bitcoin open interest, funding and liquidations in Week 43, 2026","chart":"line","headline":"BTC open interest ended the week of October 17 to 23, 2026 at $53.58B, up 2.01% over the week. $0.5B of BTC positions were liquidated, mostly longs (61% long).","metrics":[{"label":"BTC open interest (week end)","value":53.6,"unit":"$B","change":2.01,"changeLabel":"% over week"},{"label":"Avg funding (OI-weighted, per 8h)","value":0.0066,"unit":"%"},{"label":"Funding range","value":"0.0007 to 0.0097","unit":"%"},{"label":"BTC liquidations (week)","value":0.5,"unit":"$B"},{"label":"Longs liquidated","value":0.31,"unit":"$B"},{"label":"Shorts liquidated","value":0.2,"unit":"$B"},{"label":"Largest liquidation day","value":136,"unit":"$M","changeLabel":"October 22, 2026"},{"label":"Global long/short ratio (week end)","value":2.1,"unit":"","changeLabel":"avg 1.65"}],"series":[{"label":"BTC aggregated OI ($B)","points":[["2026-10-17",52.09],["2026-10-18",52.27],["2026-10-19",52.75],["2026-10-20",53.56],["2026-10-21",55.95],["2026-10-22",54.17],["2026-10-23",53.58]]}],"extraSeries":[{"label":"Daily BTC liquidations ($M)","points":[["2026-10-17",20.7],["2026-10-18",64.1],["2026-10-19",32.1],["2026-10-20",77.7],["2026-10-21",84.8],["2026-10-22",135.8],["2026-10-23",89.2]]}],"table":null,"notes":["Funding is the OI-weighted rate for BTC perpetuals per 8-hour interval (daily readings), in percent as reported by CoinGlass."],"sources":["CoinGlass"],"confidence":"high","prose":"BTC open interest ended the week at **$53.58B**, up 2.01% over the week, while $0.5B of positions were liquidated. Longs made up 61% of that total, at $0.31B against $0.2B of shorts. The largest liquidation day was October 22 at $136M.\n\nOpen interest reached $55.95B on October 21 and stood at $54.17B on October 22. Average OI-weighted funding was 0.0066% per 8-hour interval, within a range of 0.0007% to 0.0097%. The global long/short ratio read 2.1 at week end against a weekly average of 1.65. Open interest was $52.09B on October 17."},{"id":"on-chain","title":"Bitcoin on-chain data: exchange balances, SOPR and NUPL","chart":"line","headline":"BTC held on exchanges rose by 48,370 BTC in the week of October 17 to 23, 2026 to 2,521,664 BTC.","metrics":[{"label":"BTC on exchanges (week end)","value":2521664,"unit":"BTC","change":48370,"changeLabel":"BTC over week"},{"label":"STH SOPR (week end)","value":1.006,"unit":"","changeLabel":"avg 1.015"},{"label":"LTH SOPR (week end)","value":1.08,"unit":"","changeLabel":"avg 1.19"},{"label":"NUPL (week end)","value":0.331,"unit":"","change":-0.007,"changeLabel":"over week"},{"label":"Active addresses (daily avg)","value":621984,"unit":""},{"label":"Stablecoin supply (week end)","value":303.2,"unit":"$B","change":-2,"changeLabel":"$B over week"}],"series":[{"label":"BTC exchange balance","points":[["2026-10-17",2473781],["2026-10-18",2474745],["2026-10-19",2475686],["2026-10-20",2485562],["2026-10-20",2486091],["2026-10-21",2490353],["2026-10-22",2489573],["2026-10-22",2489399],["2026-10-23",2521664]]}],"table":null,"notes":["SOPR above 1 means coins moved at a profit on average. NUPL above 0 means the network holds unrealized profit on aggregate."],"sources":["CoinGlass","DefiLlama"],"confidence":"high","prose":"BTC held on exchanges rose by **48,370 BTC** over the week to 2,521,664 BTC. The balance stood at 2,473,781 BTC on October 17 and 2,489,399 BTC on October 22, then 2,521,664 BTC on October 23.\n\nShort-term holder SOPR ended the week at 1.006 against an average of 1.015, while long-term holder SOPR was 1.08 against an average of 1.19. NUPL read 0.331, down 0.007 over the week. Active addresses averaged 621,984 per day. Stablecoin supply stood at $303.2B, down $2B."},{"id":"cycle-indicators","title":"Bull market peak indicators and Fear & Greed","chart":"line","headline":"0 of 30 bull market peak indicators had reached their targets at the end of the week of October 17 to 23, 2026. Fear & Greed ended the week of October 17 to 23, 2026 at 51 after averaging 58.","metrics":[{"label":"Bull market peak indicators hit","value":"0 of 30","unit":"","changeLabel":"at week end"},{"label":"Fear & Greed (week end)","value":51,"unit":"/100","changeLabel":"avg 58, low 51, high 67"},{"label":"Puell Multiple (week end)","value":0.93,"unit":""},{"label":"BTC price vs 2-year MA (week end)","value":"0.91x","unit":"","changeLabel":"5x line at $446,301"},{"label":"Pi Cycle gap (110DMA vs 2x350DMA)","value":51.6,"unit":"%","changeLabel":"below the top line"},{"label":"Rainbow chart position","value":"0 of 10 bands below price","unit":"","changeLabel":"lower bands"}],"series":[{"label":"Fear & Greed","points":[["2026-10-17",54],["2026-10-18",54],["2026-10-19",60],["2026-10-20",56],["2026-10-21",64],["2026-10-22",67],["2026-10-23",51]]}],"table":{"columns":["Peak indicator","Value at week end","Target","Status"],"rows":[["Bitcoin Ahr999 Index","0.51","4","No"],["Pi Cycle Top Indicator","81311.90","153105","No"],["Puell Multiple","0.93","2.2","No"],["Bitcoin Rainbow Chart","1","5","No"],["Days of ETF Net Outflows","2","10","No"],["ETF-to-BTC Ratio","9.17%","3.5%","No"],["2-Year MA Multiplier","81311.90","446201","No"],["MVRV Z-Score","0.92","5","No"],["Bitcoin Bubble Index","-2.94","80","No"],["USDT Flexible Savings","4.95%","29%","No"],["RSI - 22 Day ","49.900","80","No"],["Altcoin Season Index","62.00","75","No"],["Bitcoin Dominance","60.06%","65%","No"],["Bitcoin Long Term Holder Supply","16.36M","13.5M","No"],["Bitcoin Short Term Holder Supply (%)","18.63%","30%","No"],["Bitcoin Reserve Risk","0.0013","0.005","No"],["Bitcoin Net Unrealized P&L (NUPL)","33.49%","70%","No"],["Bitcoin RHODL Ratio","1114","10000","No"],["Bitcoin Macro Oscillator (BMO)","0.06","1.4","No"],["Bitcoin MVRV Ratio","1.51","3","No"],["Bitcoin 4-Year Moving Average","1.25","3.5","No"],["Crypto Bitcoin Bull Run Index (CBBI)","54","90","No"],["Mayer Multiple","1.12","2.2","No"],["Bitcoin AHR999x Top Escape Indicator","5.95","0.45","No"],["MicroStrategy's Avg Bitcoin Cost","75446","155655","No"],["Bitcoin Trend Indicator","6.14","7","No"],["3-Month Annualized Ratio","9.95%","30%","No"],["Bitcoin Terminal Price","81326.5","187702","No"],["The Golden Ratio Multiplier","81326.5","135522","No"],["Smithson's Bitcoin Price Forecast","81326.5","175k-230k","No"]]},"notes":["Long-cycle indicators are shown as context, not as trade setups."],"asOf":null,"sources":["CoinGlass"],"confidence":"medium","prose":"**0 of 30** bull market peak indicators had reached their targets at the end of the week. Fear & Greed ended at 51 after averaging 58, with its weekly low on the final day and a high of 67 on October 22. It stood at 64 on October 21.\n\nThe Puell Multiple read 0.93 against a target of 2.2, and the Mayer Multiple read 1.12 against the same target. The MVRV Z-Score was 0.92 against 5, NUPL was 33.49% against 70%, and the Crypto Bitcoin Bull Run Index was 54 against 90. Bitcoin traded at 0.91x its 2-year moving average, and the Pi Cycle gap stood at 51.6% below the top line."},{"id":"whale-positioning","title":"Whale positioning on Hyperliquid and OKX","chart":null,"headline":"Graded whale wallets tracked by Cryptohub held positions in 4 coins at the end of the week of October 17 to 23, 2026, led by ETH with 9 open positions leaning short (11% long).","metrics":[{"label":"Coins with graded-wallet positions","value":4,"unit":""},{"label":"Open positions tracked","value":24,"unit":""},{"label":"Net notional (all coins)","value":-137,"unit":"$M"},{"label":"Coins leaning long / short","value":"0 / 3","unit":""},{"label":"Graded Hyperliquid wallets","value":20,"unit":""}],"series":[],"asOf":null,"table":{"columns":["Coin","Positions","Long % (by positions)","Net notional ($M)","Lean","Long % chg since October 17, 2026"],"rows":[["ETH",9,11,-16.7,"short",""],["BTC",6,0,-36.1,"short",-60],["HYPE",5,40,-74.5,"neutral",-43],["ZEC",4,25,-9.7,"short",-50]]},"extra":{"title":"OKX lead traders","columns":["Coin","Positions","Long % (by positions)","Lean"],"rows":[["ETH",19,79,"long"],["BTC",15,67,"neutral"],["SOL",9,89,"long"],["CRCL",6,100,"long"],["ZEC",5,60,"neutral"],["SOXL",5,80,"long"]]},"notes":["Positioning is the state at the end of the week of October 17 to 23, 2026 (snapshot taken at the Friday US close) from wallets that passed Cryptohub's grading standard (see methodology). Read directly from the Defi Scanner, so it matches the Discord feeds.","Long % counts positions; net notional is the dollar value of longs minus shorts."],"sources":["Cryptohub Defi Scanner (Hyperliquid, OKX)"],"confidence":"high","prose":"Graded whale wallets tracked by Cryptohub held positions in **4 coins** at the end of the week, with 24 open positions and a net notional of -$137M. Three coins leaned short and none leaned long. ETH led by position count with 9 positions, 11% of them long.\n\nBTC showed 6 positions, none of them long, and a net notional of -$36.1M. HYPE showed 5 positions, 40% long and a neutral lean, with net notional of -$74.5M. ZEC had 4 positions, 25% long. Since October 17 the long share fell by 60 for BTC, 43 for HYPE and 50 for ZEC. OKX lead traders leaned long on ETH, with 19 positions 79% long, and on SOL, with 9 positions 89% long. Their BTC positions, 15 in total and 67% long, read neutral."},{"id":"whale-activity","title":"Whale trade alerts in Week 43, 2026","chart":"bar","headline":"Cryptohub's graded whale wallets triggered 3,576 trade alerts in the week of October 17 to 23, 2026, $0.17B in notional.","metrics":[{"label":"Whale trade alerts","value":3576,"unit":"","changeLabel":"full week"},{"label":"Total notional","value":167,"unit":"$M"},{"label":"Alerts: solana-memes","value":2529,"unit":""},{"label":"Alerts: okx","value":505,"unit":""},{"label":"Alerts: hyperliquid","value":276,"unit":""},{"label":"Alerts: solana-majors","value":266,"unit":""}],"series":[{"label":"Whale alerts per day","points":[["2026-10-17",352],["2026-10-18",352],["2026-10-19",560],["2026-10-20",640],["2026-10-21",679],["2026-10-22",633],["2026-10-23",360]]}],"table":{"columns":["Coin (excl. memecoins)","Alerts","Buys/longs","Sells/shorts","Notional ($M)"],"rows":[["SOL",230,227,3,2.8],["BTC",153,90,63,77],["ETH",121,61,60,10.7],["XAU",78,41,37,3.5],["ZEC",64,59,5,8.1],["MSTR",36,32,4,4],["SOXL",35,35,0,2.7],["SKHX",33,14,19,6.2],["NIL",32,20,12,2.5],["NEAR",19,10,9,3.9]]},"extra":{"title":"Largest single trades","columns":["Date","Asset","Side","Notional ($M)","Venue"],"rows":[["2026-10-20","BTC","short",20.72,"hyperliquid"],["2026-10-20","BTC","short",12.43,"hyperliquid"],["2026-10-19","BTC","short",10.68,"hyperliquid"],["2026-10-19","BTC","short",4.15,"hyperliquid"],["2026-10-19","BTC","short",2.46,"hyperliquid"]]},"notes":["Counts are summed from daily snapshots per UTC day, Saturday to Friday, with Friday counted up to the US close. Memecoin alerts are counted in the totals but left out of the coin table and the largest trades."],"sources":["Cryptohub Defi Scanner"],"confidence":"high","prose":"Cryptohub's graded whale wallets triggered **3,576 trade alerts** in the week, representing $0.17B in notional. The Solana memecoin channel produced 2,529 of them, with 505 from OKX, 276 from Hyperliquid and 266 from Solana majors.\n\nExcluding memecoins, SOL drew 230 alerts, 227 of them buys or longs. BTC drew 153 alerts, split 90 buys or longs and 63 sells or shorts, with $77M in notional. ETH drew 121 alerts, split nearly evenly at 61 and 60. The first row of the largest-trades table was a $20.72M BTC short on Hyperliquid on October 20, and the five listed trades were all BTC shorts on that venue. Daily alerts peaked at 679 on October 21."},{"id":"solana-memecoins","title":"Solana and memecoin activity in Week 43, 2026","chart":null,"headline":"Solana memecoin venues handled $14.33B of volume across 651,768 new tokens in the days tracked, with 19,916 graduations. The average graded Solana wallet held 40% in cash and 35% in SOL at the end of the week of October 17 to 23, 2026, cash down 2 points since undefined.","metrics":[{"label":"Memecoin volume (7 days)","value":14330,"unit":"$M"},{"label":"Tokens launched","value":651768,"unit":""},{"label":"Graduations","value":19916,"unit":""},{"label":"Graded Solana wallets","value":760,"unit":""},{"label":"Average graded wallet in cash","value":39.7,"unit":"%","change":-1.5,"changeLabel":"pts since undefined"},{"label":"Average graded wallet in SOL","value":35.4,"unit":"%","change":3.8,"changeLabel":"pts since undefined"},{"label":"Visible holdings, graded Solana wallets","value":7.47,"unit":"$M","change":-12.81,"changeLabel":"% since undefined"}],"series":[],"table":{"columns":["Holding","Average wallet % (undefined)","Average wallet % (October 23, 2026)","Change (pts)","Holdings ($M, October 23, 2026)"],"rows":[["Cash (stablecoins and dollar tokens)",41.2,39.7,-1.5,5.21],["SOL (incl. staked)",31.6,35.4,3.8,1.39],["Listed coins",8.1,8.6,0.5,0.67],["Memecoins and other",19.1,16.3,-2.8,0.2]]},"extra":{"title":"Launchpad activity","columns":["Venue","Volume ($M)","Tokens launched","Graduations","Days"],"rows":[["all",14330,651768,19916,7],["pumpfun-amm",7547.1,20020,0,7],["meteora-all",2070.9,58819,12225,7],["raydium-all",1613,7419,118,7],["pumpfun",1546.9,565424,7574,7],["raydium-clmm",1411.8,364,0,7],["meteora-dyn-v2",1302.2,19826,0,7],["orca",1237.8,86,0,7]]},"asOf":null,"notes":["Launchpad totals are summed from 7 daily snapshots.","Cash vs SOL covers 50 graded Solana wallets: each wallet's own split, averaged. Cash counts every stablecoin and dollar token, including vault and lending versions (Jupiter Lend included). Deposits on Kamino, MarginFi or Drift and exchange balances are not visible, so a fall in visible holdings can mean money moved out of view."],"sources":["Cryptohub Defi Scanner","SolanaTracker","Jupiter Lend"],"confidence":"medium","prose":"Solana memecoin venues handled **$14.33B** of volume across 651,768 new tokens in the days tracked, with 19,916 graduations. Among venues, pumpfun-amm recorded $7,547.1M of volume, meteora-all $2,070.9M and raydium-all $1,613M. The pumpfun launchpad accounted for 565,424 of the new tokens.\n\nThe average graded Solana wallet held 39.7% in cash and 35.4% in SOL at the end of the week, with cash down 1.5 points and SOL up 3.8 points from the prior reading. Listed coins made up 8.6% and memecoins and other holdings 16.3%. Visible holdings of graded Solana wallets were $7.47M, down 12.81%, of which $5.21M was cash and $1.39M was SOL."},{"id":"defi","title":"DeFi TVL, DEX volume and fees in Week 43, 2026","chart":"line","headline":"Total value locked in DeFi stood at $90.09B at the end of the week of October 17 to 23, 2026, with $52.65B of DEX volume over the week.","metrics":[{"label":"Total DeFi TVL (week end)","value":90.1,"unit":"$B","change":-0.74,"changeLabel":"% over week"},{"label":"DEX volume (week)","value":52.7,"unit":"$B","changeLabel":"7 days"},{"label":"Protocol fees (week)","value":487,"unit":"$M","changeLabel":"7 days"}],"series":[{"label":"Ethereum TVL ($B)","points":[["2026-10-17",49.5],["2026-10-18",49.4],["2026-10-19",49.6],["2026-10-20",49.3],["2026-10-21",50.2],["2026-10-22",50.6],["2026-10-23",49.4]]}],"table":{"columns":["Chain","TVL at week end ($B)","Change over week %"],"rows":[["Ethereum",49.4,-1.29],["Base",6.13,-0.62],["Solana",5.86,-2],["BSC",5.78,8.35],["Tron",5.5,-1.48],["Bitcoin",4.35,-1.2],["Hyperliquid L1",2.4,-5.56],["Arbitrum",1.46,3.41]]},"notes":["TVL values are end-of-week readings from DefiLlama history. DEX volume and fees are summed over the calendar week."],"sources":["DefiLlama"],"confidence":"high","prose":"Total value locked in DeFi stood at **$90.09B** at the end of the week, down 0.74%, with $52.65B of DEX volume over the week. Protocol fees came to $487M.\n\nEthereum TVL was $49.4B, down 1.29%, after reaching $50.6B on October 22. Base stood at $6.13B, down 0.62%, and Solana at $5.86B, down 2%. BSC rose 8.35% to $5.78B and Arbitrum rose 3.41% to $1.46B. Hyperliquid L1 fell 5.56% to $2.4B, while Tron slipped 1.48% to $5.5B and Bitcoin fell 1.2% to $4.35B."},{"id":"macro-backdrop","title":"Macro backdrop: Fed, yields, dollar and the next two weeks","chart":null,"headline":"The effective Fed funds rate ended the week of October 17 to 23, 2026 at 3.88% and the US 10-year yield at 4.96%. 8 key US data releases and rate decisions are scheduled for the next two weeks.","metrics":[{"label":"Fed funds rate (effective)","value":"3.88%","unit":"","change":0,"changeLabel":"vs previous week"},{"label":"US 10-year yield","value":"4.96%","unit":"","change":-0.13,"changeLabel":"vs previous week"},{"label":"US 2-year yield","value":"4.65%","unit":"","change":-0.09,"changeLabel":"vs previous week"},{"label":"Gold (week return)","value":-4.01,"unit":"%"},{"label":"S&P 500 (SPY) (week return)","value":-0.43,"unit":"%"},{"label":"Nasdaq 100 (QQQ) (week return)","value":-0.76,"unit":"%"}],"series":[],"table":{"columns":["Date","Scheduled release or rate decision (next two weeks)"],"rows":[["2026-10-28","FOMC rate decision"],["2026-10-29","Gross Domestic Product"],["2026-10-29","Personal Income and Outlays"],["2026-10-29","ECB rate decision"],["2026-10-30","Bank of Japan rate decision"],["2026-11-03","Job Openings and Labor Turnover Survey"],["2026-11-05","Bank of England rate decision"],["2026-11-06","Employment Situation"]]},"extra":{"title":"High-impact releases this week","columns":["Date","Release"],"rows":[["2026-10-19","CAD CPI m/m"],["2026-10-19","CAD Median CPI y/y"],["2026-10-19","CAD Trimmed CPI y/y"],["2026-10-21","GBP CPI y/y"],["2026-10-21","NZD CPI q/q"]]},"notes":["Rates and yields from FRED. Release dates are as scheduled by the publishing agencies and central banks and can change.","This week's releases from the Forex Factory calendar (high-impact events, all major economies)."],"sources":["FRED","Twelve Data","Forex Factory"],"confidence":"high","prose":"The effective Fed funds rate ended the week at **3.88%**, unchanged from the previous week, while the US 10-year yield stood at 4.96%, down 0.13 percentage points. The 2-year yield was 4.65%, down 0.09 points. Gold returned -4.01% over the week, the S&P 500 (SPY) returned -0.43% and the Nasdaq 100 (QQQ) returned -0.76%.\n\nHigh-impact releases this week included Canadian CPI on October 19, UK CPI on October 21 and New Zealand CPI on the same day. Eight key US data releases and rate decisions are scheduled over the next two weeks, starting with the FOMC rate decision on October 28."}],"outlook":"Next week's calendar centers on central banks and US growth data. The FOMC rate decision is scheduled for October 28. On October 29 the US releases Gross Domestic Product and Personal Income and Outlays, and the ECB announces its rate decision. The Bank of Japan decision follows on October 30. The week after, the Job Openings and Labor Turnover Survey is due November 3, the Bank of England rate decision November 5 and the Employment Situation report November 6.","quote":"\"Cryptohub's Macro Cycle Score read 39/100, Lower Mid-Range, at the close of Week 43, while US spot Bitcoin ETFs took in $357M net,\" the Cryptohub data desk said.","dataThrough":"2026-10-23","partial":false,"collectedAt":"2026-10-24T07:47:42.304Z","model":"claude-sonnet-5-5","generatedAt":"2026-10-24T07:47:42.613Z","updatedAt":"2026-10-24T08:47:23.390Z","publishedAt":"2026-10-24T08:47:23.390Z","createdAt":"2026-10-24T07:47:42.613Z","numberCheck":{"checked":218,"unmatched":[],"unmatchedCount":0,"at":"2026-10-24T07:48:48.977Z"},"wordCount":1410},"canonical":"https://cryptohub.gg/reports/crypto-market-weekly-week-43-2026"}