[Futures traders’ picks] Dogecoin dollar-margined long share falls 2.08 points; account share steady

Dogecoin’s dollar-margined long position share fell 2.08 percentage points from the previous day to 74.92% on November 2. Its coin-margined position share and long account shares changed only slightly.

Across the major tokens, dollar-margined long positioning was mixed. Bitcoin’s long share rose 1.42 percentage points to 63.66%, while Ethereum’s fell 0.41 percentage points to 59.67%. XRP declined 0.82 percentage points to 70.55%, and Solana edged up 0.01 percentage points to 70.80%.

Coin-margined long position shares showed smaller changes. Ethereum rose 1.16 percentage points to 76.30%. Bitcoin increased 0.01 percentage points to 73.36%, and Solana gained 0.18 percentage points to 88.43%. XRP fell 0.46 percentage points to 76.94%, while Dogecoin slipped 0.28 percentage points to 78.90%.

Dollar-margined long account shares declined for Bitcoin and Ethereum, falling 1.62 percentage points to 69.36% and 3.21 percentage points to 66.29%, respectively. XRP rose 0.30 percentage points to 75.18%, and Solana gained 0.15 percentage points to 79.29%. Dogecoin’s account share was nearly unchanged, down 0.04 percentage points to 75.82%, alongside the larger decline in its long position share.

Coin-margined long account shares also showed limited movement. Ethereum fell 0.65 percentage points to 82.23%, while Bitcoin declined 0.20 percentage points to 80.57%. XRP rose 0.23 percentage points to 88.01%, and Solana increased 0.04 percentage points to 88.89%. Dogecoin slipped 0.08 percentage points to 92.25%.

[Editor’s note]These figures distinguish long position shares from long account shares across dollar-margined and coin-margined contracts. Dogecoin’s dollar-margined figures illustrate that distinction: its long position share fell 2.08 percentage points, while its long account share declined just 0.04 percentage points.