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Top crypto traders reduce Solana and Dogecoin longs, increase Bitcoin and Ethereum exposure in futures markets.

Technical Signals
29 Jun 2026
Tokenpost
View Source
Neutral
Top crypto traders reduce Solana and Dogecoin longs, increase Bitcoin and Ethereum exposure in futures markets.

Top futures traders have decreased their long positions in Solana (SOL) and Dogecoin (DOGE), while increasing exposure to Bitcoin (BTC) and Ethereum (ETH), indicating a shift in leveraged sentiment. Data shows Dogecoin's USDT-margined long share dropped significantly, whereas Bitcoin and Ethereum's long shares rose by over 1 percentage point. Solana's long positions showed mixed signals with a sharp drop in the number of USDT-margined accounts holding longs but stable position size, suggesting traders are reducing risk or concentration. This rotation highlights changing risk appetite and portfolio rebalancing among major crypto traders, with implications for potential volatility and strategic positioning in futures markets.

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