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XRP longs drop sharply as Ethereum coin-margined positions rise, signaling shifting crypto futures sentiment

Technical Signals
11 Oct 2026
Tokenpost
View Source
Neutral
XRP longs drop sharply as Ethereum coin-margined positions rise, signaling shifting crypto futures sentiment

Data from CoinGlass on Oct. 12 shows a notable 14 percentage point drop in XRP coin-margined long positions to 64.28%, while Ethereum's coin-margined longs increased by 6.17 points to 70.50%. Solana also saw a decline in coin-margined longs. USDT-margined positions showed smaller changes, with Solana and XRP slightly up and Ethereum slightly down. These shifts reflect changing sentiment among top crypto futures traders, who often indicate broader market trends. Coin-margined markets tend to attract bullish, long-term holders, so rising Ethereum longs may signal growing optimism, while XRP's decline suggests reduced confidence. Traders and investors should watch these patterns as potential indicators of market direction.

The story on XRP coin-margined longs shows a 14 percentage point drop to 64.28%, while Ethereum's coin-margined longs rose by 6.17 points to 70.50%. For readers following the broader cryptocurrency market, here is Pluang's market snapshot as of Oct 12, 2026 07:21 WIB: out of 50 major cryptocurrencies, 35 rose and 13 fell today. Notable movers include XLM (Stellar) with a 3.38% price increase and 86% buy order activity, COTI with a 2.89% gain but 75% sell order activity, and CAKE (PancakeSwap) up 2.80% with 55% buy order activity.

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