[Gift Expert PICK] Bitcoin dollar margin long positions plunge 11%p... Ethereum also shrinks 8.66%p
Original headline[선물 고수 PICK] 비트코인 달러 마진 롱 계좌 11%p 급감...이더리움도 8.66%p 축소
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Bitcoin long positions in USDT-margined dollar-margin accounts fell 11 percentage points to 60% of accounts, while Ethereum dropped 8.66 percentage points, according to CoinGlass data as of 9:15 a.m. on the 5th. By position size, Bitcoin longs in dollar-margin accounts actually rose 2.39 percentage points to 66%, while Ethereum slipped 2.25 percentage points to 59%, showing diverging flows between the two assets. Solana and XRP posted modest gains of 1.89 and 1.58 percentage points, respectively. In coin-margined accounts, Ethereum longs edged up 1.76 percentage points to 78%, with the other four tracked assets moving less than 1 percentage point. The sharp drop in long-holding accounts signals retail leverage is being flushed out even as larger positions hold steady, and traders will watch whether account-level long share stabilizes or extends its decline.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Solana (SOL), CoinGlass
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