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Bitcoin leads a 5.82% drop in perpetual-futures open interest among top crypto assets.

Market News
22 Oct 2026
Tokenpost
View Source
Bearish
Bitcoin leads a 5.82% drop in perpetual-futures open interest among top crypto assets.

On October 22, Bitcoin's perpetual-futures open interest fell by 5.82%, the largest decline among five major cryptocurrencies including Ether, Solana, XRP, and Dogecoin. Bitcoin's open interest stood at $7.62 billion with a negative funding rate, indicating more shorts than longs paying funding fees. Ether and Solana also saw declines in open interest, while XRP had a slight positive funding rate. Long positions outnumbered short positions across all five assets, signaling prevailing bullish sentiment despite the drop in open interest. This data highlights shifting trader dynamics in crypto derivatives markets that investors should watch closely.

As of Oct 23, 2026 05:21 WIB, Bitcoin trades at Rp1.465.269.598 on Pluang, down 3.92% in one day, contrasting with Solana's similar 3.97% drop at Rp1.865.273. XRP shows a steeper 5.10% decline at Rp23.553, despite its positive funding rate noted in the article. Bitcoin's market cap of Rp29.578,35T dwarfs Solana's Rp1.104,98T and XRP's Rp1.481,48T, highlighting Bitcoin's dominant position even as open interest falls.

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