By October 20, fewer than 5% of altcoins showed above-neutral funding, a sharp decline from nearly 25% in late September. Open interest was about 5% below its peak in October when measured on a fixed-price basis. This funding share is near the lowest point in a two-year range, indicating reduced bullish sentiment. Despite this, most leveraged positions remained open, suggesting traders are still holding bets amid market uncertainty.
Altcoin funding and open interest data provide context for the current market mood. For readers following cryptocurrency trends, here is Pluang's market snapshot as of Oct 22, 2026 20:42 WIB: of 50 major cryptocurrencies priced on Pluang, 4 rose and 45 fell today. Notable movers include AVAX at Rp166.244 with a 1-day change of -5.40% and a typical hold time of 87 days, BAT at Rp3.060 down 5.32% with 93 days typical hold time, and UNI at Rp128.375 down 5.23% with a 65-day hold time. The most notable figure is the breadth showing only 4 out of 50 cryptocurrencies rising today, indicating broad weakness in the sector.
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