Long positioning among top crypto futures traders showed a mixed but notable shift on Tuesday ET, with Dogecoin (DOGE) and Ethereum (ETH) seeing the sharpest declines in the share of accounts holding long exposure in the dollar-margined market—a potential sign of cooling retail-style risk appetite even as overall positioning ratios remained relatively stable.
According to CoinGlass data captured at 8:15 p.m. ET on Tuesday, the proportion of long positions by position size in USDT-margined (so-called ‘U market’) contracts changed only modestly across major assets. XRP (XRP) posted a 61.17%… Read more
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XRP is extending a short-term pullback as traders weigh a double overhang: the U.S. Federal Reserve’s upcoming rate decision and lingering uncertainty around crypto legislation
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