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XRP and Bitcoin long positions drop sharply in futures, signaling cautious trader sentiment.

Technical Signals
09 Oct 2026
Tokenpost
View Source
Neutral
XRP and Bitcoin long positions drop sharply in futures, signaling cautious trader sentiment.

On October 10, futures data showed a significant drop in long-position shares for XRP and Bitcoin in coin-margined contracts, with XRP falling 13 percentage points to 65.97% and Bitcoin down 9.30 points to 65.41%. This decline suggests a more cautious stance among top traders, who are often seen as market sentiment indicators. Meanwhile, Ethereum's long positions rose slightly, and USDT-margined futures showed mixed movements, with XRP increasing its long share. These shifts reflect changing trader confidence and could hint at potential market direction as experienced investors adjust their exposure amid current conditions.

XRP's market cap on Pluang stands at Rp1.574,61 trillion as of October 10, 2026, with a 1-day price increase of 0.96%. Bitcoin holds a dominant market cap of Rp29.675,08 trillion and a 1-day gain of 0.84%, while Ethereum's market cap is Rp5.432,27 trillion with a modest 0.30% price rise. Despite the futures data showing a drop in long-position shares for XRP and Bitcoin, these assets maintain strong market presence and positive price movement on Pluang as of the morning of October 10.

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