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[Futures traders’ picks] XRP coin-margin long share falls 6.33 points; ETH long accounts drop 7.68 points

XRP’s coin-margin long position share fell 6.33 percentage points to 73%. Ethereum and Bitcoin dollar-margin long account shares dropped 7.68 and 7.64 points, respectively.

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Long position and account shares across five major crypto assets by margin type · Data: Coinglass · TokenPost
Long position and account shares across five major crypto assets by margin type · Data: Coinglass · TokenPost

XRP’s coin-margin long position share fell 6.33 percentage points, while Ethereum’s dollar-margin long account share declined 7.68 points. Coin-margin long account shares showed smaller changes across the five major assets.

Data for November 4 showed XRP’s coin-margin long position share at 73%, down 6.33 percentage points from November 3. Changes in coin-margin long position shares for Bitcoin, Ethereum, Solana and Dogecoin were each less than one percentage point.

[Futures traders’ picks] XRP coin-margin long share falls 6.33 points; ETH long accounts drop 7.68 points

In dollar-margin positions, XRP’s long share fell 1.87 percentage points to 67%, while Solana’s declined 1.61 points to 70%. Bitcoin, Ethereum and Dogecoin recorded increases of less than one percentage point each.

By account, Ethereum’s dollar-margin long share dropped 7.68 percentage points to 63%. Bitcoin’s fell 7.64 points to 66%, while Solana’s declined 1.81 points to 78%.

[Futures traders’ picks] XRP coin-margin long share falls 6.33 points; ETH long accounts drop 7.68 points

Coin-margin long account shares were broadly steady for Bitcoin, Ethereum, Solana and Dogecoin, with each moving less than one percentage point. XRP’s share fell 1.25 points to 87%, the largest decline among the five assets in this category.

[Futures traders’ picks] XRP coin-margin long share falls 6.33 points; ETH long accounts drop 7.68 points

[Editor’s note]Position shares and account shares showed different movements. Bitcoin and Ethereum recorded increases in dollar-margin long position shares even as their dollar-margin long account shares fell.

The margin categories also diverged. Ethereum’s coin-margin long account share rose 0.10 percentage points to 82%, while Bitcoin’s increased 0.25 points to 80%, contrasting with their declines in dollar-margin accounts.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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