Markets· ★★· neutral·

Top traders cut bitcoin longs in USDT margin, add Ethereum positions

  • —The share of long accounts in USDT margin for BTC fell 11 pp to 49.58%
  • —The share of long positions in ETH rose 3.71 pp to 61.44%
  • —Long accounts in USDT margin for Solana fell 6.44 pp to 61.54%
  • —Changes in coin margin were minimal: BTC 70.63%, ETH 73.91%
Why it matters: The reduction in bitcoin longs among large traders may signal fading bullish expectations, while rising Ethereum positions point to capital rotation.
#BTC#ETH#SOL#XRP
Source: TokenPost
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