$ETH order flow entered its most toxic decile, with VPIN at 0.1453 and a 91st percentile reading. Readings in this zone have historically clustered before volatility, and VPIN says nothing about direction.
Since 2026, days in this high band saw a median -2.1% BTC move over the next 7d (n=30, base -0.4%, 1y of records). History, not a forecast.
August 30, 2026 46 1
