# Bitcoin Open Interest Falls 6.35% to $7.79 Billion in 24 Hours By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/39127 Published: 2026-10-23T16:27:54.000Z Updated: 2026-10-23T16:27:54.000Z Section: Investing > All five assets in the snapshot posted declines. XRP fell the most at 7.02%, while Ether’s 1.11% drop was the smallest. Bitcoin (BTC) open interest fell 6.35% in 24 hours to $7.79 billion in an Oct. 22 perpetual-futures snapshot, as all five assets tracked declined and XRP recorded the sharpest drop. At 7:05 p.m. ET (23:05 UTC), BTC’s mark price was $81,332. Long accounts made up 67.6% of the total, compared with 32.4% short. Its funding rate was 0.0049% every eight hours, or 5.4% annualized. Positive funding means traders with long positions pay those with short positions. XRP open interest fell 7.02% to $415.4 million, the largest decline in the group. Its mark price was $1.31, and accounts were 74.4% long and 25.6% short. Funding was 0.0045% every eight hours, or 4.9% annualized. Ether (ETH) open interest had the smallest decrease, falling 1.11% to $5.55 billion. Its mark price was $2,384, and funding was 0.0044% every eight hours, or 4.8% annualized. Long accounts represented 77.9% of the total, the highest share among the five assets. Solana (SOL) open interest dropped 4.61% to $876 million, while its mark price stood at $103.38. Solana had the highest funding rate, at 0.0074% every eight hours, or 8.1% annualized. Accounts were 74.4% long and 25.7% short. Dogecoin (DOGE) open interest fell 3.29% to $216.5 million. Its mark price was $0.0786, and accounts were 73.1% long and 26.9% short. Dogecoin had the lowest funding rate, at 0.0032% every eight hours, or 3.5% annualized. Open interest measures the value of outstanding derivatives contracts. BTC’s $7.79 billion reading matched its level in an [Oct. 19 five-asset snapshot](), when open interest had risen 2.17% over the preceding 24 hours. ## Links in this article - [Oct. 19 five-asset snapshot](https://www.tokenpost.com/news/investing/35370)