Dogecoin, Ethereum Lead Altcoin Futures Long Surge as Bitcoin Stalls

Top futures traders are leaning more aggressively into major altcoins, with Dogecoin (DOGE) seeing a sharp jump in dollar-margined long exposure and Ethereum (ETH) maintaining a broadly bullish tilt across both major margin markets. The positioning suggests a return of short-term risk appetite, even as Bitcoin (BTC) remains comparatively range-bound in trader sentiment.

Data compiled from CoinGlass—where ‘top traders’ are defined as accounts in the top 20% by margin balance—showed an altcoin-led expansion in long positioning over the past week. The split between the dollar-margined ‘U…  Read more

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