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Crypto derivatives open interest drops, led by Solana with a 6.59% decline on Oct 17

Market News
17 Oct 2026
Tokenpost
View Source
Bearish
Crypto derivatives open interest drops, led by Solana with a 6.59% decline on Oct 17

On October 17, open interest in crypto derivatives fell across five major assets, with Solana experiencing the largest drop of 6.59% to $895 million. Bitcoin maintained the highest open interest at $7.62 billion despite a 1.50% decline, while Ether had the highest proportion of long positions at 75.4%. Funding rates varied, with Solana and XRP showing negative rates, indicating traders with long positions were paid by shorts. This shift in derivatives interest highlights changing trader sentiment and potential volatility in the crypto market.

As of Oct 18, 2026 06:21 WIB, Solana trades at Rp1.849.876 on Pluang, down 1.11% in the last day. Bitcoin is priced at Rp1.457.090.956 with a 0.51% decline over 24 hours. XRP shows a 1.46% drop, trading at Rp23.135, reflecting some ongoing volatility in crypto markets.

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