GRT surges 15% as whale dominance shifts amid reversal warnings
Bitcoinethereumnews.com reports that The Graph [GRT] climbed 15% to a new local high, driven by a 180% volume spike exceeding $37 million. Top Binance traders are showing strong bullish sentiment, with Long/Short Ratios of 1.84 and 1.76 indicating buying volume dominance. Across multiple exchanges, the ratio reached approximately 1.008, further confirming long-side control.
The Whale vs. Retail ratio stands at 0.145, showing that while whales drive the market, retail involvement has increased since the delta dropped from 0.688 on September 5. Despite this momentum, spot netflows have remained positive for over 15 days, with $335,000 flowing into exchanges in the last 24 hours. This inflow suggests potential selling pressure as assets move onto exchanges.
Additionally, the Funding Rate has fallen from 0.0045% to 0.0005%, signaling a growth in short positions. The combination of spot selling and declining funding rates points to a high probability of a price reversal.
How the market reacted
Whalio's own Binance spot order flow for GRT, measured when this story was written up on 7 September 2026. Not the outlet's figures.
Whalio’s Binance spot data for GRT shows a price of $0.01965 with a 24-hour buy ratio of 51.8%, contrasting with lower 1-hour and 4-hour ratios of 43.7% and 43.6% respectively. The volume delta reflects this shift, showing a positive $175,587 over 24 hours but negative figures of -$5,176 and -$19,034 for the 1-hour and 4-hour periods. A buy ratio above 50% indicates that buyers are currently dominating the 24-hour session, while the negative short-term deltas suggest immediate selling pressure is outweighing buying volume. The cumulative volume delta (CVD) closed at +$142,184, confirming that net buying has occurred over the full day despite recent intraday weakness. Trading activity included 52,827 trades and a spot volume of $4,872,152 over the period.
The latest daily buy ratio of 48.6% sits at the 50th percentile of the last 322 days, against a median of 48.6% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for GRT, averaged over the days leading up to the story.
Over the preceding week, GRT experienced a 21.8% price increase with a 7-day average buy ratio of 53.0%. The current 24-hour buy ratio of 51.8% is 1.2 percentage points below this weekly average, indicating a slight cooling of buying dominance. However, trading volume has surged to 9.07 times the weekly average, highlighting an unusual level of activity compared to normal days. Net buying occurred on all 7 days of the week, contributing to a total volume delta of +$376,666 over the period. This sustained buying pressure over the week contrasts with the recent short-term delta declines, marking this as a high-volume but slightly less bullish day relative to the weekly trend.