Synthetix

Synthetix Accumulation/Distribution

SNX

What to expect next: SNX move range and market state

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

SNX is likely to stay within ±5.4% over the next 24 hours, and within ±2.5% over the next 4 - each band held about 80% of the time in testing.

Next 24 hours · likely range
±5.4%
$0.2159 – $0.2401
The price 24 hours from now stayed inside this range 8 times in 10 in testing; 19 times in 20 inside ±9.9%. Along the way, 8 times in 10 it never strayed further than ±6.9%.
Tested: forecasts the size of moves
Next 4 hours · likely range
±2.5%
$0.2221 – $0.2335
The price 4 hours from now stayed inside this range 8 times in 10 in testing; 19 times in 20 inside ±4.9%. Along the way, 8 times in 10 it never strayed further than ±2.9%.
Tested: forecasts the size of moves
Volatility vs the past month
Normal
Last 24h: 5.0% · 30-day typical day: 4.9%
calmestwildest
Volatility over the last 24 hours is within the coin's usual range for the past month.
Tested: forecasts the size of moves
Trading volume
0.5× normal
last 24h vs 30-day daily average
Volume over the last 24 hours is 0.5 times the coin's 30-day daily average.
Tested: forecasts the size of moves

Futures and positioning · Binance SNXUSDT perpetual

Funding rate
10.4% a year
0.0095% per 8h
month lowmonth high
Longs are paying shorts 0.0095% every 8 hours (10.4% a year), 20th percentile of the past month.
Tested: no predictive value for direction
Open interest
-6.7% 24h
Open interest is $2.5M, down 6.7% in 24 hours: positions are being closed on balance.
Too little history to test yet
Who is long
71% of top-trader positions
60% 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%, 99th percentile of the past month.
Tested: no predictive value for direction

Who is pushing

Spot net flow, 24h
-10.6%
most sellingmost buying
Sellers on the spot market were ahead by 10.6% of turnover over 24 hours, a strong reading for this coin (20th 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
-6.5%
futures volume 6.2× spot
most sellingmost buying
Sellers on the futures market were ahead by 6.5% of turnover over 24 hours, within its usual range (26th 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
3 trades
1.1× the past week's daily pace
3 trades of $10,000 or more in 24 hours, $52.5K in all, with sellers ahead by $52.5K. 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 $-1,032 46.4% $14,355 191
4 Hours $-19,981 38.5% $86,612 1,341
1 Day $-3,942 49.8% $519,788 10,141
Is that normal for Synthetix?

The latest daily buy ratio of 49.8% sits at the 48th percentile of the last 322 days, against a median of 49.8% - ordinary for this coin. Volume ran 0.61 of a typical day, busier than 28% 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 SNX's average impulse size over the last 7 days

Price
$0.2290 +4.42%
Impulses (Last 24 Hours)
3 +200%
Net Buy/Sell
$-52,521
Total Amount
$52,521 +106.1%

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

Time Price Amount Side
2026-10-15 18:31 $0.2255 $21,275 Sell

What Synthetix's order flow looks like

Whalio holds 322 days of Binance spot order flow for SNX, starting 2 November 2025. On a median day the pair turns over $859,070 across 9,277 trades, which works out at about $93 a trade.

On 15 October 2026, the most recent complete day, the buy ratio was 49.77% against a median of 49.83%. That is the 48th percentile of the days measured, which makes it ordinary for this coin. Turnover came to $519,788, 0.6 times the median day.

Takers have leaned the same way for 3 days running, net selling throughout. The longest run in that direction this coin has had is 6 days. Over the last week the imbalance totals $294,561 on $5.5M of turnover, with the price down 1.47%.

The heaviest day on record is $15.4M on 2 November 2025, and the busiest by count is 141,068 trades. The largest single-day gain measured is 21.83% on 20 February 2026.

All of this is Binance spot only. The buy ratio counts which side crossed the spread, not who placed the order or why, and SNX 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 Synthetix News

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

All SNX news →

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