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Bitcoin's dollar-margin long positions rise sharply, Ethereum's share declines notably on Oct 24, 2026.

Technical Signals
24 Oct 2026
Tokenpost
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Neutral
Bitcoin's dollar-margin long positions rise sharply, Ethereum's share declines notably on Oct 24, 2026.

On October 24, 2026, Bitcoin's dollar-margin long position share increased by 2.34 percentage points to 63.03%, indicating growing investor confidence. Conversely, Ethereum saw a significant drop in its dollar-margin long account share by 2.13 percentage points to 71.55%, alongside a 1.67 percentage point decrease in its coin-margin long position share to 77.89%. Other cryptocurrencies like XRP, SOL, and DOGE experienced minor fluctuations under one percentage point. These shifts highlight changing investor preferences between Bitcoin and Ethereum in futures markets, with Bitcoin gaining traction while Ethereum's long positions decline slightly.

As of October 24, 2026, 18:21 WIB, Bitcoin trades at Rp1.457.354.885 on Pluang, down 1.15% for the day, while Ethereum is priced at Rp42.755.251, down 1.07%. Despite Bitcoin's slight daily price drop, its futures long share rose, contrasting with Ethereum's declining long positions. This divergence occurs as Bitcoin holds a market cap of Rp29.316,82T compared to Ethereum's Rp5.236,84T, highlighting differing investor dynamics between the two assets.

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