Futures pro pick: Ether USD-margin accounts jump 5.63 points as XRP slips 1.46

The share of top-trader accounts long Ether in USD-margined futures jumped 5.63 percentage points. XRP moved in the opposite direction, falling 1.46 points.

As of Oct. 20, XRP recorded the largest increase among major tokens in USD-margined long positions, rising 2.39 points to 68.56%. Bitcoin gained 1.18 points to 64.10%, while Ether, Solana and Dogecoin posted increases of less than 1 point.

In coin-margined positions, all five major tokens were broadly steady. Solana showed the largest change, adding 0.54 points to 85.04%, followed by Bitcoin and XRP with gains of 0.45 points each.

USD-margined long accounts showed sharper moves. Ether climbed 5.63 points to 72.18%, while Bitcoin rose 5.02 points to 65.74%. Solana gained 1.73 points and Dogecoin added 0.93 points, whereas XRP declined 1.46 points to 75.83%.

Coin-margined long accounts changed only modestly. Bitcoin posted the largest increase at 0.69 points, while Ether rose 0.33 points, Solana 0.13 points and Dogecoin 0.06 points. XRP fell 0.40 points.

Editor’s note The data compares the proportion of long positions and long accounts among leading cryptocurrency futures traders across USD- and coin-margined markets. Position and account ratios can diverge because traders may hold different position sizes.

This article is based on market data and does not constitute investment advice.