XRP coin-margin positions drop 14 points to 64.28%, Ethereum rises to 70.50%
- —XRP coin-margin share at 64.28%, down 14 points in a day
- —Solana at 85.49%, down 6.26 points; Ethereum at 70.50%, up 6.17 points
- —In USDT margin, Solana at 66.88% (+1.43 points), XRP at 65.72% (+1.42 points)
- —By coin-margin accounts, XRP at 83.69% (-1.34 points), BTC at 80.02% (-1.06 points)
Why it matters: The sharp drop in XRP coin-margin share signals fading bullish conviction among top traders, while Ethereum's gain points to shifting positioning.
Source: TokenPost
More on this
Markets · Oct 7Top traders boost Ethereum coin-margin longs by 11 points, cut Solana by 5 points
Markets · Oct 6CoinGlass: XRP long share on coin-margined futures jumps 17 points to 79.42%
Markets · Oct 4Top traders boost coin-margined BTC longs by 8.27 pp, XRP account dollar longs fall 3.40 pp