Injective

Injective Accumulation/Distribution

INJ · Rank #71
Price
$9.11
Market Cap
$911,106,444
24h Volume
$322,554,641
Circulating Supply
99,970,955

What to expect next: INJ move range and market state

Updated hourly · as of 16 Oct, 13:00 UTC

INJ is likely to stay within ±9.4% over the next 24 hours, and within ±5.1% over the next 4 - each band held about 80% of the time in testing. After an unusually volatile day, moves have tended to shrink. Funding shows crowded longs.

Next 24 hours · likely range
±9.4%
$8.32 – $9.97
The price 24 hours from now stayed inside this range 8 times in 10 in testing; 19 times in 20 inside ±17.3%. Along the way, 8 times in 10 it never strayed further than ±12.0%.
Tested: forecasts the size of moves
Next 4 hours · likely range
±5.1%
$8.66 – $9.57
The price 4 hours from now stayed inside this range 8 times in 10 in testing; 19 times in 20 inside ±10.1%. Along the way, 8 times in 10 it never strayed further than ±5.8%.
Tested: forecasts the size of moves
Volatility vs the past month
Wild
Last 24h: 11.2% · 30-day typical day: 6.8%
calmestwildest
The last 24 hours were more volatile than 92% of the past month. After days this wild, the next 24 hours moved on average about a fifth less: volatility tends to settle back.
Tested: forecasts the size of moves
Trading volume
2.9× normal
last 24h vs 30-day daily average
The last hour traded 3.2 times a normal hour. Bursts like this were followed by 1 to 4 hours about 10-15% more volatile than usual, mostly because they tend to hit the whole market at once.
Tested: forecasts the size of moves

Futures and positioning · Binance INJUSDT perpetual

Funding rate
11.0% a year
0.0100% per 8h
month lowmonth high
Longs are paying shorts more than at almost any point in the past month: positioning is crowded on the long side. In our test, readings this high came before the coin trailed the market by about 0.3% over the next day, on 15 of 19 coins - the most consistent pattern we found, but not strong enough to be called proven.
Tested: suggestive, not proven
Open interest
+163.8% 24h
Open interest is $42.6M, up 163.8% in 24 hours: positions are being opened on balance.
Too little history to test yet
Who is long
63% of top-trader positions
50% of all accounts are long
Long share of positions held by Binance's largest futures accounts, and of all accounts by number. Binance publishes only the last 30 days; Whalio keeps them from 12 October 2026.
Too little history to test yet
Perpetual premium
+0.000%
The perpetual trades above the index by 0.000%, 96th percentile of the past month.
Tested: no predictive value for direction

Who is pushing

Spot net flow, 24h
+7.3%
most sellingmost buying
Buyers on the spot market were ahead by 7.3% of turnover over 24 hours, an extreme reading for this coin (97th percentile of the past month). In our test, readings like this said nothing about the next move's direction.
Tested: no predictive value for direction
Futures net flow, 24h
+3.5%
futures volume 6.3× spot
most sellingmost buying
Buyers on the futures market were ahead by 3.5% of turnover over 24 hours, an extreme reading for this coin (99th percentile of the past month). In our test, readings like this said nothing about the next move's direction.
Tested: no predictive value for direction
Trades of $10K+, 24h
639 trades
2.7× the past week's daily pace
639 trades of $10,000 or more in 24 hours, $18.0M in all, with buyers ahead by $2.2M. In our test, which side large trades took said nothing reliable about the next move.
Tested: no predictive value for direction

The labels say what each reading was found to be good for when we tested Whalio's data against what prices did next. Ranges are statistical, not guarantees: roughly one 24-hour window in five ends outside its 80% range, and fast markets break ranges more often. Nothing here tells you what to buy or sell. Compare all coins.

Volume Delta & Buy Ratio

Period Volume Delta Buy Ratio Volume Trades
1 Hour +$192,656 60.3% $937,512 14,275
4 Hours $-610,567 46.1% $7,730,115 105,705
1 Day +$1,883,356 53.4% $26,068,637 319,936
Is that normal for Injective?

The latest daily buy ratio of 53.4% sits at the 91st percentile of the last 322 days, against a median of 49.8% - among the strongest buying days it has had. Volume ran 5.11 times a typical day, busier than 97% of the last 322.

Cumulative Volume Delta (24h)

Net difference between buying and selling pressure over the last 24 hours

Recent Large Buy/Sell Deals at Binance

Trades at least 10% above INJ's average impulse size over the last 7 days

Price
$9.12 +17.19%
Impulses (Last 24 Hours)
665 +340.4%
Net Buy/Sell
+$2,453,471
Total Amount
$18,525,491 +409.4%

Last impulse: 2026-10-16 16:17 · compared against the preceding last 24 hours

Time Price Amount Side
2026-10-16 16:08 $9.07 $45,276 Buy
2026-10-16 15:13 $9.13 $48,225 Buy
2026-10-16 15:13 $9.13 $77,659 Buy
2026-10-16 15:00 $9.11 $32,211 Buy
2026-10-16 14:54 $9.09 $33,654 Sell
2026-10-16 14:31 $9.13 $37,313 Sell
2026-10-16 14:24 $9.08 $49,479 Sell
2026-10-16 14:15 $9.07 $54,341 Sell
2026-10-16 14:14 $9.03 $54,390 Sell
2026-10-16 14:12 $9.08 $63,907 Buy
2026-10-16 14:12 $9.08 $72,970 Buy
2026-10-16 14:08 $9.13 $38,945 Sell
2026-10-16 13:55 $9.19 $38,391 Buy
2026-10-16 13:41 $9.16 $67,267 Buy
2026-10-16 13:35 $9.14 $40,867 Buy
2026-10-16 13:30 $9.16 $183,545 Sell
2026-10-16 13:23 $9.12 $33,999 Buy
2026-10-16 13:06 $9.20 $30,998 Sell
2026-10-16 13:00 $9.22 $41,640 Buy
2026-10-16 12:57 $9.23 $48,981 Sell
2026-10-16 12:57 $9.23 $30,837 Sell
2026-10-16 12:48 $9.27 $34,608 Sell
2026-10-16 12:41 $9.31 $32,284 Sell
2026-10-16 12:41 $9.31 $32,930 Buy
2026-10-16 12:40 $9.33 $37,178 Buy
2026-10-16 12:39 $9.30 $52,374 Sell
2026-10-16 12:31 $9.33 $46,018 Sell
2026-10-16 12:30 $9.32 $42,796 Buy
2026-10-16 12:24 $9.31 $35,540 Sell
2026-10-16 12:18 $9.18 $46,608 Sell
2026-10-16 12:13 $9.25 $218,146 Buy
2026-10-16 12:02 $9.15 $40,753 Sell
2026-10-16 11:22 $9.19 $78,032 Sell
2026-10-16 11:18 $9.22 $31,938 Sell
2026-10-16 11:16 $9.22 $61,976 Sell
2026-10-16 11:07 $9.21 $30,576 Buy
2026-10-16 11:01 $9.19 $170,020 Buy
2026-10-16 11:00 $9.14 $33,660 Sell
2026-10-16 10:47 $9.19 $38,996 Buy
2026-10-16 10:43 $9.17 $57,858 Sell
2026-10-16 10:25 $9.26 $105,068 Buy
2026-10-16 10:23 $9.21 $65,655 Buy
2026-10-16 10:22 $9.19 $45,384 Sell
2026-10-16 10:19 $9.18 $152,840 Sell
2026-10-16 09:52 $9.28 $76,577 Sell
2026-10-16 09:21 $9.31 $50,356 Sell
2026-10-16 09:14 $9.30 $34,106 Buy
2026-10-16 09:13 $9.33 $54,366 Buy
2026-10-16 09:13 $9.33 $51,607 Buy
2026-10-16 09:05 $9.26 $60,701 Buy

What Injective's order flow looks like

Whalio holds 322 days of Binance spot order flow for INJ, starting 2 November 2025. On a median day the pair turns over $5.1M across 63,496 trades, which works out at about $80 a trade.

On 15 October 2026, the most recent complete day, the buy ratio was 53.43% against a median of 49.82%. That is the 92nd percentile of the days measured, which makes it unusually one-sided towards buying for this coin. Turnover came to $26.1M, 5.1 times the median day.

Takers have leaned the same way for 3 days running, net buying throughout. The longest run in that direction this coin has had is 6 days. Over the last week the imbalance totals $1.3M on $109.4M of turnover, with the price up 26.4%.

The heaviest day on record is $63.2M on 13 May 2026, and the busiest by count is 743,339 trades. The largest single-day gain measured is 24.76% on 7 November 2025.

All of this is Binance spot only. The buy ratio counts which side crossed the spread, not who placed the order or why, and INJ can trade differently on another venue or in futures.

Figures recomputed after each daily close. The method is on the methodology page.

Price History

Latest Injective News

Each story read against INJ's Binance order flow at the time it broke

All INJ news →

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