Top traders' BTC long share drops 6.42 pp in USD-margin accounts
- —BTC long share in USDT-margin: 52.18%, down 6.42 pp in a day
- —BTC long share in coin-margin: 66.27%, down 4.28 pp
- —Solana in coin-margin: 79.34%, up 3.05 pp
- —XRP in coin-margin: 79.22%, down 2.88 pp
Why it matters: A sharp cut in top traders' BTC longs may signal fading bullish conviction and increased hedging.
Source: TokenPost