XRP longs in USDT margin rise 4.45 pp as Bitcoin accounts fall 8.75 pp
- —XRP longs in USDT margin: 65.12%, up 4.45 pp over 24 hours
- —Share of accounts with BTC longs in USDT margin fell to 54.96% (-8.75 pp)
- —Ethereum accounts: 56.35% (-7.09 pp), Solana: 67.04% (-5.16 pp)
- —In coin margin, the largest change was 0.13 pp for Solana
Why it matters: The sharp reduction in dollar-margined BTC and ETH longs alongside rising XRP positions points to large traders repositioning risk ahead of the Fed meeting.
Source: TokenPost