XRP posted the sharpest one-day retreat in dollar-margined long-account share among five crypto assets in Coinglass’ Nov. 7 futures snapshot, showing that positioning shifts varied by asset and contract type.
The dollar-margined long-account share for XRP fell 4.41 percentage points from its Nov. 6 level to 76.34%, the largest decline among Bitcoin (BTC), Ether (ETH), XRP, Solana (SOL) and Dogecoin (DOGE). Solana’s dollar-margined long-position share dropped 3.26 percentage points to 69.56%, the steepest fall on that measure.
Dollar-margined long-position shares also declined for BTC, ETH and XRP. BTC fell 2.61 percentage points to 65.80%, ETH lost 2.03 percentage points to 65.99%, and XRP slipped 1.13 percentage points to 68.15%. DOGE moved higher, gaining 0.94 percentage point to 75.69%.
The dollar-margined long-account share declined for the other four assets as well: ETH fell 2.16 percentage points to 77.83%, SOL dropped 0.51 percentage point to 80.83%, BTC slipped 0.42 percentage point to 76.47%, and DOGE lost 0.50 percentage point to 78.29%.
XRP’s coin-margined readings moved in the opposite direction. Its long-position share rose 5.65 percentage points to 84.18%, while its long-account share gained 0.74 percentage point to 88.79%; the corresponding dollar-margined shares both fell. Among other coin-margined long-position shares, ETH increased 1.79 percentage points to 79.21%, BTC rose 0.57 percentage point to 74.40%, and DOGE gained 0.58 percentage point to 79.43%. SOL edged down 0.33 percentage point to 87.23%.
Coin-margined long-account shares rose across all five assets by less than one percentage point. ETH added 0.87 percentage point to 83.29%, BTC gained 0.57 percentage point to 81.96%, DOGE increased 0.31 percentage point to 92.66%, and SOL rose 0.26 percentage point to 89.79%.
The snapshot reports position shares and account shares as different aspects of futures positioning. It follows EconoTimes’ Nov. 6 snapshot of Ether and XRP futures positioning.
