Ether (ETH) had the largest drop in long-account share among five assets in dollar-margined futures on Oct. 19, even as its long-position share rose, Coinglass data showed.
The share of top-trader accounts holding long Ether positions fell 2.46 percentage points in the snapshot. Ether’s long-position share, which reflects position size, gained 0.15 point. Bitcoin (BTC) was close behind Ether on the account measure, down 2.45 points, while Solana (SOL) fell 1.60 points.
The ranking changed when measured by positions. Dogecoin (DOGE) recorded the biggest decline in dollar-margined long-position share, at 1.23 points. Bitcoin lost 1.12 points and XRP lost 0.98 point, while Solana gained 0.71 point.
The contract type also mattered. In coin-margined futures, Solana’s long-position share lost 2.22 points and Ether’s gained 1.04 points. Coin-margined long-account shares changed by less than one point for each of the five assets; XRP had the largest increase, at 0.64 point.
The account measure shows the share of top-trader accounts positioned long. The position measure tracks the long side’s share of top traders’ futures position size. An earlier Bitcoin futures reading showed a similar split on Oct. 18, when its long-account share fell while its long-position share rose.
